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How to Launch a Profitable Street Based Business
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[QUOTE="King bell, post: 335762, member: 75687"] To start a street business that is profitable, you have to plan and execute it well. Here are some things you could do to get started: 1. Find a market niche: Look into your local market and identify the gap or need that is not being addressed at present. It could be an exceptional product or service designed for a specific target market. 2. Prepare a business plan: Make up a detailed business plan including objectives, target customers, prices for goods or services, promotional activities and financial estimates. This will serve as a guide to your organization. 3. Obtain required permits and licenses: Contact the local authorities to ensure that you possess all necessary permits and licenses for running your street-based venture. Violating the law may result in losing your business. 4. Choose the right place: Determine where there are many people passing by or those with whom your company’s products correspond best of all. Accessibility among other things, influence on this choice as well as visibility of such places and competition around them. [/QUOTE]
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