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Steps to Take When Starting a Small Business
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[QUOTE="Phantasm, post: 344090, member: 94599"] Beginning a small business comes in several important steps that have to be taken for success and sustainability. Here are some steps you can take 1. Research and Plan: - Establish your business idea, do some marketing research, as well as make a business plan. 2. Legal Structure and Registration: - Select the legal structure that suits you best; register your company at different levels. 3. Finances and Funding: - Estimate the costs of starting up, seek for finance, and open a bank account. 4. Setup Operations: - Choose the area to operate from; get all necessary equipment and supplies. Create workflows, procedures, and systems for managing operations, inventory control customer interactions , financial management which would help you manage most aspects of your company . While establishing your brand identity choose an unforgettable name along with logo design including visual identity legally. Have professional website which should be online presence built by you as a firm owner including social media profiles like twitter handle linkedin page among others. [/QUOTE]
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