How to Use Your Skills to
Start a Business
STEP 1
Rank your 3 best skills. Identify the skill that you can
transform into a career. Pinpoint the glut in the market that
your skill can fill. Eureka!
STEP 2
Develop a business plan. It should serve as a guide for
developing your business. Use this business plan to
determine:
your business model
the structure of your business (sole proprietorship,
partnership, limited liability company or corporation)
your financial plan
your sales and marketing strategy
the team you’ll need
the company’s ethos and strategic growth plan.
STEP 3
Spend between 6 months to a year testing the business in the
market to determine if it’s really viable
STEP 4
Register your business at the Companies Office of Jamaica
and file your tax returns by the first week of March
STEP 5
Keep working hard to make your business grow.
Need help creating a strategic plan for your business?
Contact us at [email protected] and we’ll hook you up!