Start a Business From Scratch: Free Step-By-Step Course
This article is a summary of a YouTube video "FREE COURSE: Step-By-Step How to Start A Business From SCRATCH" by Vivalapinkposh
TLDR Researching the market, understanding demand, and taking strategic steps such as forming an LLC, opening a separate business banking account, creating a business plan, and deciding on a fulfillment method are crucial for starting a successful business.
Researching the market and understanding the demand through social media can help identify niche opportunities, like focusing on a specific color like pink in the fashion industry.
Forming an LLC for a business is beneficial as it allows for separate business credit and the ability to access grants and funding.
Opening a separate business banking account is crucial to keep your personal and business finances separate.
A business plan should include an outline of the business concept, target audience, marketing strategy, and financial projections.
Deciding between drop shipping and self-fulfillment is an important step when starting a business, as drop shipping allows for less work and can be a good option for beginners.
Creating content before launching can generate excitement and hype for your business.
Consistency, knowledge, and understanding your target audience are key factors in the success of a business.