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How do I start a business from scratch?
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The first step in starting a business from scratch is to come up with an idea. Start by making a list of business ideas that you’re passionate about and that you think have potential. Once you’ve narrowed down your list, do some research and analyze potential markets. This research should include understanding the industry, evaluating competitors, and learning the needs and wants of your potential customers. After you’ve done your research, create a business plan that outlines your marketing strategy, budget, products, and resources needed. Once you have your business plan in place, apply for business licenses and permits, register your business name, find a physical location for your business, and open a business bank account. Finally, start marketing and selling your products or services to get customers.