Factors To Consider Before Starting A Business in Kenya

Factors To Consider Before Starting A Business in Kenya

Factors To Consider Before Starting A Business in Kenya

So you've got what it takes to be an entrepreneur? Now, ask yourself these 20 questions to make sure you're thinking about the right key business decisions:


1. Why am I starting a business?
2. What kind of business do I want?
3. Who is my ideal customer?
4. What products or services will my business provide?
5. Am I prepared to spend the time and money needed to get my business started?
6. What differentiates my business idea and the products or services I will provide from others in the market?
7. Where will my business be located?
8. How many employees will I need?
9. What types of suppliers do I need?
10. How much money do I need to get started?
11. Will I need to get a loan?
12. How soon will it take before my products or services are available?
13. How long do I have until I start making a profit?
14. Who is my competition?
15. How will I price my product compared to my competition?
16. How will I set up the legal structure of my business?
17. What taxes do I need to pay?
18. What kind of insurance do I need?
19. How will I manage my business?
20. How will I advertise my business?

Need Help Starting Your Business Tell us About It Below

Liked this article? Why not leave us a comment



 

November, 2020 Offers
1: Small Business Startups Package
   > Custom Website Design
   > Domain Name & Hosting
   > Unlimited Emails Accounts
   > Logo Design
   > Company Profile Design
    Kshs 20,000 only
 
2: Website Design & Development
    All our websites are unique, personalized & custom Made.
   Contact us for a quote
 
3: Company Profile Design Services
    From Kshs 2,700
 
4: Domain Names and Hosting
    (.com, .co.ke, .org, .sc.ke, .ac.ke, .net )
    From Kshs 2,800
 
5: Custom Company Logo Design
    From Kshs 2,500
 
We Accept
 
Have Something To Ask?
Let Us Know