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Entrepreneurship

Crucial things to know when starting a business [Video]

Crucial things to know when starting a business

1. Make sure you have a clear understanding of your business concept and target market.

2. Develop a strong business plan including financial projections and strategies for marketing and sales.

3. Make sure you have the necessary licenses and permits in place before starting your business.

4. Choose a good location for your business and make sure your premises are up to code.

5. Have a solid understanding of your competition and what you need to do to stand out in your industry.

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