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What are some tips for starting a successful small business?
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1. Conduct market research to find out what services or products the market needs.
2. Develop a business plan that outlines the strategies, resources, goals and forecast for the business.
3. Consider the essential startup costs and funding options.
4. Choose a business structure and register the business.
5. Hire staff or outsource specific tasks.
6. Secure the licenses and permits required in your area.
7. Acquire the necessary technology and equipment.
8. Make sure you have a reliable and secure payment processing solution.
9. Market the products and services you offer.
10. Set aside time to review your performance regularly.