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What do I need to know to start a small business?
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1. Understanding of the market you plan to enter, including the needs and desires of your target customers.
2. A thorough understanding of the competition and the competitive landscape.
3. Developing a detailed business plan, including financial projections and operational plans.
4. Establishing a budget and raising the necessary capital to start and sustain the business.
5. Acquiring the necessary licenses and permits to operate.
6. Selecting a good location for the business.
7. Crafting a marketing strategy to raise awareness about your business.
8. Hiring qualified staff and keeping up with the necessary training and certifications.
9. Creating a well-trained and motivated team to keep your business running.