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Things you must have before you start a business.
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[QUOTE="Austinaldo, post: 230850, member: 69924"] To start a business, you have to be prepared financially, mentally, emotionally, and otherwise. The preparations defer from person to person. The most important thing to prepare for is the finance part of it. You need money to sustain any business. You can learn the emotional aspect when already in it. I think one always have to make friends with people in similar business to learn from them. You don not have to be alone. The research process will be highly reduced by simply connecting with people of like-minds. You will then watch their growth process and imbibe those things into yours. Again, capital is highly needed. You want to be able to sustain your business with enough capital to go a long time. I will advise keeping record of your sales and revenue. I will strongly advise against leaving your business in the hands of others. I also will advise against not budgeting for any purchase. You have to also form a team. This will make your job easier. A team is much more effective than doing it alone. Deligate some duty to team members so you can have enough time to focus on the most crucial aspect of the business. You have to be resilient at all of these. [/QUOTE]
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Things you must have before you start a business.
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