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What are the basic steps of starting a new business?
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1. Develop a business plan.
2. Secure financing.
3. Identify a target market.
4. Choose a business structure.
5. Register the business with local and state agencies.
6. Obtain necessary permits and licenses.
7. Develop a brand identity.
8. Establish separate banking and accounting systems.
9. Establish an online presence.
10. Manage and hire employees.