Business is the act or practice of making one's living or making money by producing or buying and selling products. It is also refers any activity or enterprise entered into for profit.
The society we leave in has made us believe capital is the basic and only factor to put in place to start up a business. This is not totally true about life and business generally.
THINGS YOU NEED TO START A BUSINESS
TRAINING
The training package is intended to be an introduction to ethical entrepreneurship. It
makes no claim to be a complete resource material on starting a small business and can be
expended or abbreviated as the studying situation demands. It also aims at installing a
heightened sense of self-confidence and awakening corps members to the possibility that
self-employment could be a viable career option.
AWEARNESS
Launching a successful business requires an awareness 'of one's knowledge, skills,
abilities, attitudes, vales and preferences. The training therefore begins by inviting corps
members to consider their own strengths and weaknesses, so that they develop a clear
sense of themselves. You will be encouraged to perceive yourself as an actor responsible for
your own life. You are then guided through the various stages of developing a commercial
idea, from identifying a community need for a product or service to acquiring resources,
organizing workplace and marketing the product or service and finally preparing a business
plan. A teach step, you will be encouraged to discover how your skills may be utilized to cater
to a need in the community. While encouraging independent thought, creativity and initiative,
the training demonstrates the benefit of collaborative work by treating selected topics as
group activities.
Capital
The capital of a business is the money it has available to pay for its day-to-day running or operations and to fund its future growth.
