start business

How to Enter a New Busines

Now, many people who want to become an enterpreneur, even starting a young age to the elderly. This is because being an enterpreneur is more profitable than being a paid employee,

There are 3 ways you can do to start or enter the world of business,they are:

1. Pioneering new business

    The form and setting up a new business is established and set up a new business using capital, ideas, organization and management of self-designed.

2. Buy company of others(buying)

   It is buy companies that have established or initiated or organized by other people with the name (goodwill) and organization of existing business.

3. Management cooperation (franchising)

   Cooperation between the franchisee to the franchisor/ parent company. Cooperation is usually: site selection, building plans, equipment, quality control, research.

According to the survey conducted by Peggy Lambing (2000: 90): about 43% of respondents get business ideas from experience gained while working in some company or other professional venues.

There are two main approaches used to look for enterpreneurial opportunities:

- First, inside out (idea generation) is an appoach based on the idea as a key determinant of business success.

- Second, outside-in approach or opportunity recognition, the approach emphasizes the idea taht the basiswill be successful when responding to the needs or create a need in the market.