Bangalore:  Starting a business is a challenge for anyone. There are many things to be noted while starting a company and there are many problems that come in way of your startup. But don’t worry because here are the 9 neurons which will help you to fight with your startup problems.      

1. RISK IN A BUSSINESS PLAN: Nobody thinks about the”what if’s” in a business. Now you’re in a condition of pinching your heart and asking for funds and convince your investors that your company will be the Facebook, Twitter, Google and then when the investors give you a set of “what ifs” about your business. This is called the contingencies in a business and it is important to show your investors that you have done your work.

There are some elements that could cause your business to operate different than you expected include market risk, competition, operational risks, legal risks, financial risks as well as overall economic risks. Now you have to show that you’re a mature, intelligent and skillful entrepreneur who has thought through the possibilities and has planned intelligent contingencies.

Potential investors will appreciate this, and may even offer to help you think through the best plans and options for change. Don’t bunk this part of your planning.