The activities done in a business place can be successfully and credibly carried out if an individual is more experienced in business activities. Personally I believe that there is more in which an individual must have in him or herself apart from Capital to establish a successful and prosperous business. How would you guys answer this question?
You're right that the activities done in a business place can be successfully and credibly carried out if an individual is more experienced in business activities. It's true that it's not just capital that's needed to start a business. Any successful business begins with good and profitable planningRead more
You’re right that the activities done in a business place can be successfully and credibly carried out if an individual is more experienced in business activities. It’s true that it’s not just capital that’s needed to start a business. Any successful business begins with good and profitable planning, good strategy and how to target your audience. You don’t just wake up one day and start a business, all because you have capital. So my answer is no, anybody can’t start a business without good planning.
See lessActually in so places anyone can technically start a business, but there are some legal and regulatory requirements that must be followed you need a clear idea of what kind of business you want to start and a plan for how it will operate then Create a business plan outlining your goals, target markeRead more
Actually in so places anyone can technically start a business, but there are some legal and regulatory requirements that must be followed you need a clear idea of what kind of business you want to start and a plan for how it will operate then Create a business plan outlining your goals, target market, marketing strategy, financial projections, and more. This is often essential if you seek financing or investors. Also decide on the legal structure of your business, such as sole proprietorship, partnership ,corporation, etc. This decision affects taxes, liability, and other aspects of your business.
See lessWhen it comes to starting a business, it requires a lot of research and planning. One reason why we have so many business today that do not last is simply because most of these people rush into the business without taking time to know the risk involved or even what they need to actually do in the buRead more
When it comes to starting a business, it requires a lot of research and planning. One reason why we have so many business today that do not last is simply because most of these people rush into the business without taking time to know the risk involved or even what they need to actually do in the business. Before you can startup a business, you would need to create a business plan. You can either seek the help of a professional or do it yourself.
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