Tag: how to start a small business from scratch

  • How To Start A Small Business From Scratch

    How To Start A Small Business From Scratch

    Here’s a step-by-step guide on how to start a small business from scratch — even if you have little experience or money:

     

     

    🔹 Step 1: Identify a Problem You Can Solve

    Ask yourself:

    •What are people complaining about often?

    •What services/products are missing in your community?

    •What skills or knowledge do you have?

    ✅ Example: If many people in your area struggle to find homemade snacks, and you love cooking, that could be your business idea.

     

     

    🔹 Step 2: Choose a Business Idea

    Pick something that:

    •Solves a real need

    •You’re passionate about

    •You can start small (low cost)

    ✅ Examples:

    •Hair braiding from home

    •Selling thrift clothes

    •Starting a yoghurt brand

    •Tutoring or digital skills training

     

     

    🔹 Step 3: Do Basic Market Research

    Learn about:

    •Who your target customers are

    •Who your competitors are

    •What price people are willing to pay

    Ask questions, use social media polls, or observe what’s working around you.

     

     

    🔹 Step 4: Create a Simple Plan

    Your business plan doesn’t have to be long. Just answer:

    •What are you selling?

    •Who are you selling to?

    •How much will it cost you?

    •How will you promote it?

    •What is your starting budget?

    ✅ Tip: Write this down — it helps you stay focused.

     

     

    🔹 Step 5: Start Small and Smart

    Start with what you have. Don’t wait for everything to be perfect.

    •Start with 5-10 products, not 100

    •Offer services to friends or neighbors first

    •Use your phone and social media to market

     

     

    🔹 Step 6: Register Your Business (Optional but Good)

    As you grow, consider:

    •Registering your business name

    •Opening a separate mobile money or bank account

    •Keeping records of what you spend and earn

     

     

    🔹 Step 7: Promote Your Business

    Use:

    •WhatsApp status

    •Instagram, Facebook, TikTok

    •Word of mouth (let people talk about you!)

    •Flyers or posters if needed

    ✅ Tip: Take clean, clear pictures and be consistent.

     

     

    🔹 Step 8: Learn & Improve

    Every mistake is a lesson.

    •Ask for customer feedback

    •Adjust your pricing, packaging, or service

    •Watch YouTube videos, attend free trainings, or read blogs

     

     

    🔹 Bonus Tips:

    •Stay consistent, even when sales are slow

    •Keep your profit separate from personal money

    •Be kind and professional with customers