# Hello Hive 

Creating a new brand or business can become lucrative or a well paying job when giving the right approach. 


![Screenshot_20220906053238.png](https://i.imgur.com/qRMCYOJ.png)


Starting a business can be emotionally draining when we don't know the right approach or things to do... 
Your business cab become a well paying job in the nearest future if you have the right tools to run these business well. 
How to recognize these business opportunity and what to do in order to create a new brand might needs some typical guide and I have just this few tips that may be of help. 

Creating a new brand or business may erupt from an idea to either create a solution to a community or the  need of a set of people. 

For instance a community may be faced with water scarcity problem and you have the connection and resources to build a borehole,  you bought some land in a good location and build the borehole, start pumping water to sell cheap and affordable water to the people in that environment. 
If this is a remote village,  it may take at least 20years before we cab see anyone buoyant enough to build similar facilities and become your competitor in business. 

This way you have created a solution to their  water problems. 

Another instance might just be a proximity to a bank or financial system of remote villages,  all you can do in this case is become A POint of sale terminal agent between bank and your villagers,  provide them with financial services like paying of bills and money transfers with your own interest and commissions. 

* Create new product 
* Provide improvement to an old product 
* Create services and solution to an existing problems 


The few steps to start a business involves. 


* Market survey 
* Knowing what you want to sell or services you want to render. 
* Getting a business name/, brand. 
* Determine if you have will have competitors in the future and how to stay  abreast of these competitors. 
* Source for finance 

 

 


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