Create a solid foundation for your business

We are already well on our way to becoming a business coach. Becoming a successful entrepreneur is a job that takes a lot of effort, dedication and perseverance. All successful businesses have in their economic structure a well thought out and solid base that allows us to develop content and value for customers. New businesses are started every day, some destined to succeed and others to fail. But we don't want to waste time and resources on something that won't pay off. We want to see results, so here are some keys to create a solid foundation for your business.

Speed in business.

A common mistake in everyone who intends to start a business is to want to see results immediately. Entrepreneurship is like a tree, first we must plant the seed, fertilize it and wait for it to grow so that later it bears fruit and the fruit is not yet the result, it also arises what to do with that fruit so that it continues to guarantee more. To begin with this first part it is advisable to have a basic financial support with which we guarantee our livelihood for this period of entrepreneurship. In this process of entrepreneurship as we have spoken, the work in the networks is fundamental, it is a procedure that requires patience to be able to see its evolution; remember that a business is not formed in a second.

Business plan.

How to manage finances, the money we have? It is necessary to draw up a strategy, a business plan. In the business plan we include all the organizational details concerning finances such as: the budget, expenses, tax payments, and the income forecast of our initial investment. The analysis of the market and competition is also included in our business plan, generally everything that involves our business must be present in this analysis. A business without a business plan is destined to fail, with loss of time and resources; it is like a ship without a compass, the first question when we have a business is where do we want to get to, and then where should we go? With the business plan we guarantee the structure of the value we are going to provide with our service.

Team work.

If we have an entrepreneurial project, it is necessary to have a team that helps us to make it concrete and also to sustain it. Teamwork can provide us with a supportive environment for our business to move forward with greater strength, because even though we have the initiative, we can count on the knowledge of people prepared in both economic and marketing matters. Keep in mind that the structure of your team may vary depending on the type of business you intend to undertake. Having specialists in our team will facilitate a more detailed and efficient work or market study, besides being able to distribute the responsibilities more confidently.

The vision.

It is important when we are at the gates of an enterprise to define the vision of our business. The vision constitutes that compass that your company needs to approach the objectives. The motivation of our project is necessary to stimulate it and for this the vision exists; it can guide us according to our initial intention to know if we are near or far from the goals that we have proposed. The vision is a fundamental value on which the business plan is based. Surely with the excitement of entrepreneurship we want to cover as many features to be more successful, but the truth is that when we define our vision with the business plan is important to focus only on services or products related to our main objective for our company to have a logical coherence.

The mission.

With the mission, we consider the implementation of the necessary actions to achieve our vision. Here we elaborate a plan of actions with which we can fulfill the objectives we are setting ourselves. The mission is shared among the work team to achieve these objectives in a more efficient way and achieve results in the shortest possible time. If your business area is the food sector, it is not advisable to include the distribution sector at the beginning, because believe it or not, it is a different business that also requires planning and investments. Everything is possible, but if we are starting out, it is better to take safe steps that will lead us to achieve short-term goals.

Look for financing.

Once we have elaborated all these particularities of our entrepreneurship project, a necessary and intelligent step is to look for financing. The right way to look for financing does not exist, it depends on the scope of our interpersonal relationships. We can look for financing in banks throug