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Business strategy
What advice you'll give someone who's about to start a business?
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[QUOTE="Phantasm, post: 342896, member: 94599"] Commencing a business is both thrilling and trying. To realize this, it is essential to thoroughly research, come up with a sound business plan, concentrate on problem solving or satisfaction of a market need, start small and proof your idea, and build up a strong network of mentors and advisers. You can enhance your success prospects using these important pieces of advice hence going through the entrepreneurial journey successfully. To succeed in starting a business, focus on exceptional customer experiences, be flexible and adapt quickly to changing market conditions, manage finances wisely, invest in marketing and branding, and stay persistent and resilient through challenges. Prioritize building strong customer relationships, pivoting business strategies as needed, monitoring expenses closely, raising brand awareness, and learning from setbacks. With the right mindset and strategy approach you stand better chances of establishing a profitable sustainable business. [/QUOTE]
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What advice you'll give someone who's about to start a business?
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