If you are planning to start a business, you will need a guide that is really good and helps you get it right. You will get that guide that you want so much here, since in this article we will take care of explaining to you What are the steps, phases and stages in the creation of a company? Examples.
Steps, phases and stages in the creation of a company
1. Motivation and inspiration
This is the stage that begins everything, in which you as an entrepreneur and with the mind of a visionary consider creating your own company, a phase in which you must be inspired .
You can do this by reading articles, books and stories about business success that instill in you the necessary courage to dare to start a company and feel that you will achieve the objectives you want, so this can also be a more reflective phase than others .
2. Think about the business idea and evaluate its viability
This is a crucial stage, in which you must ask yourself what is your idea for your company, because without a good idea you will not be able to establish a good business. This is the phase of creation of the company in which you must also study the viability of your idea , that is, how feasible it is, because if you realize that it is not totally viable, you should look for another business idea or adapt the that you have more to reality.
In summary, at this stage the business idea must be established so that it fully adheres to mainly real, temporary, quantifiable and measurable objectives.
You can check the feasibility of the business idea by submitting it to a SWOT analysis , where you can clearly see the strengths, opportunities, weaknesses and threats of your business idea and see if it is viable.
3. Consolidate the business plan
The third step in this arduous process is to create the business plan for your company, which is a document where you express the steps to follow and can include aspects such as the presentation of your company, legal procedures to be carried out, study of the competition, characteristics of the product, organization of the company, plan of strategy of marketing and plan of human resources.
It is for all these factors that the business plan serves as a cover letter to financing funds, banks and potential partners or investors, so it must be very well structured.
4. Get the resources
The stage of obtaining the resources to finance the company is usually the most difficult for some entrepreneurs, but you can achieve it if you explore all the options available to you. You can ask family or friends for help, use your savings or investigate the credits that they give to emerging companies in your region.
The lack of working capital in companies has many disadvantages , so when it comes to managing resources , you’d better minimize risks and minimize costs.
5. See your company born
Already in this step, your dream of setting up a company has taken enough shape to the point of coming true, where you begin to see the results of so much effort and dedication.
Remember that keeping a current company in the market is a continuous process and creating your company is only the starting point, so whatever happens you should not give up, you must continue to carry out your venture.
I already created my company, what comes next?
After you have created your company, there is still a lot to do, below we will give you some ideas of what you can do after the creation of your company:
Find partners
If you want to work alone in your company that is fine, but in case you want more money for your project and want to rub shoulders with people with ideals like yours, you can look for a couple of responsible partners.
Find employees
If your company requires it, you can look for employees to help you in the various functions of the company; you must look for people with potential and other values that adhere to your company to hire them and you must implement the hard art of human resources application.
