Major challenges for a Business Start-up

Author: Entrepreneur India
Starting a business idea and running it effectively can be complex task. There are many challenges for a business start-up to face.Before we go ahead and give you some exact business startup ideas you require knowing what you desire to realize in life because you want your business to provide this reason each and every day you work on it.
Start
Most start-ups failed because they don\'t have any idea about the major challenges that come over on their way during initial days. Some of them learned from their mistakes and tried again and again. There are hundreds of pain points to face for business start-ups in initial stage. Here we outlined the few of them that may help you to avoid failure.
Lack of market knowledge
Being a business start-up, understanding the biz idea and identifying the market opportunities are difficult tasks to do. Identify your target market otherwise you will lose hold on your customers easily.
Fund generation and allocation
Generate enough funds for your business functioning without going over budget is a stressful and challenging job for any business start-up. However, the requirement of funds differs at different stages of business.
Getting right talent and retaining them
This one is the next big challenge to face for a business start-up. Take decision on the recruitment of right talent to work with you is very critical. If you succeed in finding good quality people with positive attitude, retaining them is also difficult.
A strong business concept
Finding the right business idea is not an easy task. A strong business needs new idea and creativity to flourish in the industry so that one should be open for accepting and using the new ideas correctly and have the ability to see opportunities in difficulties.
How to make sale?
This is something that every business needs and only the founder can find the right strategy of making the sale in flow. Once you decide on the strategy, you need to work upon the target customers, pricing, market trends and positioning of your products.
Finding the right location for business
This may or may not be a challenge for many entrepreneurs. But to get the right location at right prices is another difficult task for start-ups.
Apply wrong technology
Most of the time, business start-ups don\'t want to spend high amount on technical assistance and as a result it give negative impression on customers and other market leaders mind.
Lack of long-term business vision, how to scale it, and how to decide on the product features f are other major challenges to face a business start-up.
Article Source: http://www.articlesbase.com/business-opportunities-articles/major-challenges-for-a-business-start-up-6802331.html
About the Author
This Article is written on behalf of entrepreneur india; provides top business opportunity, low business opportunity investment ideas, best business ideas, entrepreneurship ideas. Please feel free to visit; if you need small business opportunity in india

Business Do's and Don'ts to Help Your Startup Succeed

(NewsUSA) - Everyone has a dream -- it's the one thing they would rather be doing more than anything else (and are sure they could succeed at). Yet, it's something entirely different from what it is they do to pay the bills. What many fail to understand, however, is that enthusiasm for a product or service may not be enough to guarantee success when starting a business. "So often, would-be entrepreneurs believe they have that one idea that will make them a millionaire, and in fact it may be a very good idea, but what they don't understand is that there's so much more involved for a business to succeed," says Heidi Ganahl, CEO of Camp Bow Wow, a dog day care franchise and boarding authority. The business saw 20 percent year-over-year growth last year in revenues across Camps (individual franchise locations), which opened pre-2011. "Unfortunately," Ganahl adds, "passion alone will not dictate or ensure success." To this end, the following do's and don'ts may help you assess whether your idea is ready: * Do your research and prepare. So often, failure comes from a lack of preparation. According to Ganahl's book "Tales From the Bark Side," every good idea must come with the right support to make it profitable, including writing a winning business proposal. Ganahl says that lending or investing individuals will only consider an investment after a thorough review of your project. * Don't go into business if you're not committed. Convinced that they have a good idea, but unprepared to be completely committed, people will try to have their feet in both the corporate world and their new business venture. If you feel the inability to put your all into your new venture, cut your losses. * Do ensure you have enough capital. Business analysts report that poor management is the main reason for business failure and that poor cash management is probably the most frequent stumbling block for entrepreneurs. Understanding the basic ideas of cash flow will help you plan for the unforeseen eventualities that face nearly every small business. * Do consider owning a franchise. With thousands of systems operating in dozens of industries, there is no shortage of choices here for the would-be entrepreneur. The down side? The plethora of choices can make that decision a challenge, so be clear about what you want, what you're willing to do and how much you need to make. For more information about franchise opportunities, visit www.campbowwow.com/franchise.