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Things you must have before you start a business.
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[QUOTE="Rachael, post: 230022, member: 68963"] There are different challenges that comes with starting a business. Even when the capital is readily available, there are certain other criteria to put in place. Before starting a business, you must have a business idea first which would guide you to know the amount or capital which would be required for funding. The experience before starting a business is required. it is wrong to assume that you can operate a business simply because you have seen other people in the field. Without conducting a market research, you might never know the ordeals those business owners face in their daily businesses. Without the needed experience a business is bound to fail. The experience must not directly come from you but through asking questions and making your personal finding, it would give you a guide on how to spark in creativity into your own business. The capital for fund is necessary, without it, a business cannot exist. It is best to avoid all kinds of loan and focus on other creative means of raising capital. Taking loans to start a business is not entirely bad but due to the pressure that comes with it which makes the whole process tedious. The motivation is also essential when starting a business. [/QUOTE]
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Things you must have before you start a business.
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