8 Important Steps to Start a Business from Scratch Working a 9 to 5 job can be extremely tiring, which is why more and more people are slowly gravitating toward establishing their businesses. If you are on the verge of a killer idea that can change the world and net you huge profits, it might be best to start a lucrative business. However, if it were that easy, anyone would do it. Here is how you can get the ball rolling and Business Plan, all in 8 consistent steps; 1. Develop Your Idea While you may think your idea can change the world, more often than not, you forget to look at the drawbacks and the issues it might face. Before starting any business, you should thoroughly research and validate your idea. Conducting market research to understand the needs and wants of your target audience, as well as its viability, is an essential step. Other crucial steps include analyzing competitors, determining the demand for your product/service, and identifying potential c...