Many of us have been getting together many times and want to start a small business to see if the idea we had will be born successfully or it will fail and remain just an idea. . Stay with me to continue.
To start a business, we must pay attention to some main and important points:
- What need does our idea solve? how?
- How many competitors are there? With what statistical geographical distribution?
- What is the way of advertising, marketing and sales? And how much funding does it need to start?
These are the three basic and important questions for Haraydeh, apart from issues such as the place of operation, the number of employees, etc.
But there are very important and vital points that if we neglect it from the beginning of the work, it will cause us unwanted damages.
Point No. 1: Familiarize yourself with the laws of the labor department and personnel insurance based on the laws of social security.
Tip No. 2: Consult with an accountant or a tax auditor to determine the business category of the idea based on the rules of the tax administration. What direct and indirect taxes does our idea include? (Income tax, value added tax, seasonal tax, POS device tax and internet banking portals)
Point No. 3: From the very beginning, find an accounting software suitable for your idea and business, which will calculate all the expenses you will incur from the beginning, the amount of capital you intend to inject into the initial business, and calculate profit and loss. Monthly, employee salary calculation based on labor department rules. and other required items.
