The trend of being “Owner” continues to be strong especially nowadays that many people dream of having their own business whether it’s a fresh graduate or a salaryman who has worked for many years, because of unlimited income, working independently and being your own boss. This makes many people try to seize the opportunity to become a business owner.

However, before one can become a successful entrepreneur or businessman, they all have to overcome many obstacles and problems because being a business owner is not easy and wishing to become a business owner, you should do some homework and get ready before starting to take the dream. Today, PMP Serve (Thailand) has some good advice on how to prepare before becoming a “business owner” for everyone as a guideline for those who are interested in starting a business to know roughly how to prepare

Have a thorough understanding of the business

The most important thing when starting a business is having the knowledge and information about the business to be well and complete in every aspect whether the product or service, investment style, money required for investment, opportunities for return of capital, etc., especially if a new entrepreneur who has never run any business before, needs to learn more about that business twice.

Know the target customers and the channels to reach them

Before starting business, entrepreneurs must determine who their target customers are, where they are, what needs and wants, what factors affect the purchase decision or have behavior in purchasing products , then the channel to access and distribute the product or offer the service which at present, most of them are popular online platforms such as social media such as LINE, Facebook, Instagram or various e-commerce sites such as Shopee and Lazada.

Set up a business plan

When you have all the information in your hand, the next step is to create a business plan that defines the steps to achieve your goals by making a business plan causes entrepreneurs know what to do before or after and make it a very competitive advantage. It may begin with an assessment of the strengths, weaknesses, opportunities and risks of one’s own venture and unit price to the analysis of competitors in the market. They may also be looking for business partners who are ready to support the operations of the business.

Choose a business model

Before deciding to start a business, entrepreneurs must carefully study the information about the business model by considering what form of business to operate, such as a sole proprietorship, partnership or limited company, each model has different advantages and disadvantages. Therefore, the suitability should be assessed and considered carefully which at present, most entrepreneurs prefer to register as a limited company because it has a positive effect on credibility conducive to fundraising and tax-related benefits.

Prepare for finance and accounting.

If the entrepreneur has decided to operate in the form of a juristic person, entrepreneurs need a bookkeeping plan to show their income to the state used as evidence of tax payment and used to assess the performance of the business as required by law. In other words, an accountant and auditor of the entity are required. The entrepreneur can contact an accounting firm or an independent accountant to assist in this part so that they can deliver accurate and complete financial reports.

Business registration, making an advantage with PMP Serve (Thailand), in one-stop service.

The process of incorporation of a limited company is a very important first step, the business owner must also have a thorough knowledge of the law and details related to company registration in order to legally establish their own company.

PMP SERVE (THAILAND) Company is a registration specialist company provide registration for a variety of businesses such as company registration, production and distribution business, service business company, construction business company, tourism business companies, hotels, resorts, registration of companies, online sales businesses, etc. by a quality team that is very skilled and experienced in company registration that will process the registration of the company on your behalf in every step and helping register your company quickly, smoothly and legally at fair price

We are also experts in accounting and tax services, registration of a limited partnership, VAT registration, bookkeeping service, auditing service, tax planning, accounting system, business consulting services and other comprehensive services. We are take care of you by accountants and specialists with long working experience with a quality team that is very skilled and experienced in working at a friendly price and consulting services and advice on all aspects of business operations and other related services in detail with over 17 years of experience in the accounting, tax and finance industry. We are confident in providing quality, accurate, accurate and reliable services to entrepreneurs, organizations, businesses, whether small or large corporations and all types of businesses in Thailand. We are happy to provide advice and services to all entrepreneurs.

Line : @pmpserve

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Tel : 065 – 396 -2452