Anyone can start a business, however, it has to be something you are passionate about (which has to be good for you, good for others and good for the community). I am going to be giving you tips on starting a new business.

The first step you need to take when you want to start a business is to develop an idea, it has to be related to something you are passionate about and it has to be realistic. The next step will be to develop the skills required like if you want to provide make-up services then get the required skills, if you want to provide IT services get the education needed (it could be a professional course). I know that it is quite expensive to attend universities in developed nations, however, professional courses are not so expensive. It could be a short course, that will be influenced by the level you are willing to take your business too. Be rest assured any skill can be developed, it all as to do with your determination and your effort. The next step will be to identify your target market, is it a particular age group? is it for men?, afterwards understand that market and then work on developing a product that will give them what they want.

You will then have to come up with a business name, your business must potray the right image and must be competitive. You will then have to develop a business plan, that will include your goals, sales target, how you intend to penetrate the market, strategies to be used, financial estimates (halal) and others. This business plan will help you measure your progress generally. Then, develop a strategic plan that will help you stay competitive in the market. .

The next thing you would do is to work on your supply chain, make enquiries about reliable suppliers who sell the best materials or equipment at a very good price and start to develop a relationship with them. Then raise capital for your business following the guides in my previous articles and register your business. If I give $1000 today, you won't know what to do with it because you got it unexpectedly and you might end up spending it lavishly, but if you have plan and then I give $1000, then it will be spent wisely since you already have a plan for it. So you need to draw up your business and strategic plan first before raising capital. Advertise your products (goods and services) and then start selling.

Halal means anything lawful Islamically.

Nice post may God upgrade ur knowledge, wisdom and understandn . Pls do u hv any idea on buying used items from Lagos wharehouses or apapa at cheaper rate ? The business is really moving well in my area expecially electronics (desktop computer,tv,laptop,fridge,sound systems e.t.c) . I hv a shop @ a very good location in Lagos. Tanx