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Business Ideas Forum
Things to Consider before Starting a Business.
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[QUOTE="Phantasm, post: 331722, member: 94599"] It’s a complex process to start a business and it requires careful planning and execution. It involves market research, validating your business idea, knowing who your target market is, writing a business plan, financials, legal compliance, branding, marketing and sales, operational logistics, building a team, technology systems, managing risks, customer service and personal readiness. Success is guaranteed by validating the business idea underpinning it up with target audience knowledge; designing a comprehensive practical business plan; selecting the legal structure of the business; estimating and budgeting for the enterprise among other funding concerns. It is important to observe legal and regulatory compliance as well as get necessary licenses and permits. [/QUOTE]
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Things to Consider before Starting a Business.
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