{"id":3414,"date":"2020-10-09T09:22:00","date_gmt":"2020-10-09T09:22:00","guid":{"rendered":"http:\/\/zahar.jwsuperthemes.com\/demo-6\/?p=3414"},"modified":"2022-03-16T14:17:43","modified_gmt":"2022-03-16T14:17:43","slug":"how-to-start-up-a-business","status":"publish","type":"post","link":"https:\/\/www.kenyabankers.coop\/how-to-start-up-a-business\/","title":{"rendered":"How to start up a Business \u2013 Kenya Bankers Sacco"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3414\" class=\"elementor elementor-3414\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2628702 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2628702\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f7686a5\" data-id=\"f7686a5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7cb69ac elementor-widget elementor-widget-heading\" data-id=\"7cb69ac\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to start up a Business \u2013 Kenya Bankers Sacco<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60e0176 elementor-widget elementor-widget-text-editor\" data-id=\"60e0176\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>So, you have an amazing idea for a business! But where do you even start?<a href=\"https:\/\/www.sba.gov\/business-guide\/10-steps-start-your-business\/\">\u00a0Starting a business<\/a>\u00a0is exciting but also demanding. There are no limits on who can become a great entrepreneur. You don\u2019t necessarily need a college degree, a bunch of money in the bank or even business experience to start something that could become the next major success. However, you do need a strong plan and the drive to see it through.\u00a0Before you put yourself out there in the world as a business, the first question you need to answer is, \u201cWhy am I doing this?<strong>\u201d<\/strong>\u00a0It\u2019s a roller coaster ride, so\u00a0you better love what you\u2019re doing\u00a0in order to survive the ups and downs. If you\u2019re just in it for the money, you won\u2019t make a lot of money\u2014and you won\u2019t be in business long, either.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cd5095 elementor-widget elementor-widget-heading\" data-id=\"2cd5095\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Prepare a business plan and materials<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f8a45e elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"1f8a45e\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Market research will tell you if there\u2019s an opportunity to turn your idea into a successful business. It\u2019s a way to gather information about potential customers and businesses already operating in your area. Use that information to find a competitive advantage for your business. <span style=\"colo400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Your business plan is the foundation of your business. It\u2019s a road map for how to structure, run, and grow your new business. You\u2019ll use it to convince people that working with you \u2014 or investing in your company \u2014 is a smart choice. <span style=\"color:#616161;font-weight:400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Your business plan will help you figure out how much money you\u2019ll need to start your business. If you don\u2019t have that amount on hand, you\u2019ll need to either raise or borrow the capital. Fortunately, there are more ways than ever to find the capital you need.<span style=\"color:#616161;font-weight:400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">It\u2019s not easy to pick the perfect name. You\u2019ll want one that reflects your brand and captures your spirit. You\u2019ll also want to make sure your business name isn\u2019t already being used by someone else. <span style=\"color:#616161;font-weight:400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Your business location is one of the most important decisions you\u2019ll make. Whether you\u2019re setting up a brick-and-mortar business or launching an online store, the choices you make could affect your taxes, legal requirements, and revenue. <span style=\"color:#616161;font-weight:400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Create a business logo, cards and stationery. These items establish your company\u2019s identity and help potential customers find and remember you. <span style=\"color:#616161;font-weight:400\"><\/span><\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7f13e94 elementor-widget elementor-widget-heading\" data-id=\"7f13e94\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Word from Kenya Bankers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d977a57 elementor-widget elementor-widget-text-editor\" data-id=\"d977a57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Once you have your why, it\u2019s a good idea to plan out the specifics on the front end, like how you will actually do business.\u00a0What product or service will you offer? Remember to stay in your lane. Opportunities in business are endless, but not every opportunity is a good one. Successful business leaders are willing to let good opportunities pass them by if they aren\u2019t the right opportunities for their specific businesses.<\/p><p>\u00a0<\/p><p>At\u00a0<a href=\"https:\/\/kenyabankers.coop\/who-we-are\/\">Kenya Bankers Sacco<\/a>, we were registered on 14th February 1975 as a Savings &amp; Credit Co-operative Society to initially serve employees in the banking industry. The Sacco Head office is located at Kenya Bankers Sacco Center along 3rd Ngong Avenue, off Ngong Road -Nairobi.\u00a0 Get in touch with us on +2540205146500, email us on\u00a0help@kenyabankers.coop or visit our\u00a0<a href=\"https:\/\/kenyabankers.coop\/\">website<\/a>\u00a0for more details.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>So, you have an amazing idea for a business! But where do you even start? Starting a business is exciting but also demanding. There are no limits on who can become a great entrepreneur. You don\u2019t necessarily need a college degree, a bunch of money in the bank or even business experience to start something that could become the next major success. However, you do need a strong plan and the drive to see it through. <\/p>\n","protected":false},"author":1,"featured_media":7945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11,1],"tags":[58,60,61],"class_list":["post-3414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-marketing","tag-best-sacco-in-kenya","tag-kenya-bankers-sacco","tag-saving-sacco"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.kenyabankers.coop\/wp-content\/uploads\/2020\/03\/blog3.jpg?fit=800%2C534&ssl=1","_links":{"self":[{"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/posts\/3414"}],"collection":[{"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/comments?post=3414"}],"version-history":[{"count":7,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/posts\/3414\/revisions"}],"predecessor-version":[{"id":7950,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/posts\/3414\/revisions\/7950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/media\/7945"}],"wp:attachment":[{"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/media?parent=3414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/categories?post=3414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kenyabankers.coop\/wp-json\/wp\/v2\/tags?post=3414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}