What should a Guatemalan take into account to undertake?

What should a Guatemalan take into account to start a business?

Regardless of the type of business or company to manage, it is important to create a business plan to detect new opportunities. Strategic Vision in Guatemala shared with us different tips that will benefit Guatemalan entrepreneurs.

1. Select the right partners and investors to undertake

Find the right people to accompany business growth. It is recommended that partners and investors are trustworthy and have time, resources and different capacities to complement the work team and reduce the chances of failure.

2. Set a budget

To start with the execution of an idea and offer a new service in the market, it is essential to have a budget of all available economic resources.

3. Improve time management

A new project implies commitment and availability of time for the execution of work plans, process evaluation and quality controls. For entrepreneurs to have the opportunity to achieve their goals, it is recommended to plan an agenda by day, month or year.

Another important aspect to manage a business in Guatemala is the implementation of financial synergy. This will allow companies and businesses to consolidate new projects and innovative ventures among themselves to meet the needs of customers.