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Business strategy
7 Ways to Choose the Right Business for Beginners
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[QUOTE="Mika, post: 261979, member: 29399"] If you are starting a business, choose a business model that does not require a lot of investment. For example, instead of starting an inventory-based business, try dropshipping. Even a small inventory-based business requires at least $3000 investment, however, you can start dropshipping for less than $1000. A better approach is to choose a business model that does not require any investment or a nominal investment. For example, instead of building your own store to sell products and services, you can sell through third-party marketplaces. Knowledge and skills in marketing are very essential because without marketing you can not generate sales, and without sales, you cannot make money from your business. You need to identify your market and market accordingly. Choosing the right product and services is also a very important thing to consider when starting a business. If your potential customers are not happy with what you are selling, your business will never succeed. [/QUOTE]
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