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ID number:927138
Evaluation:
Published: 12.05.2004.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

When thinking about starting a business there are many topics to discuss. The first step in starting a business is the business plan. Business owners must think about
their financial status. They must consider how they plan on financing their business. It is essential to study all the legal issues that they might come across. Another thing to think about is do you want your spouse helping you with your business? Entrepreneurs are faced with many issues, but they must overcome every issue to make their business run successfully.
What is the purpose of a business plan and why is it an essential first step for a start-up firm? A business plan is basically the backbone for a business. It will state clearly what kind of business you're starting. An entrepreneur can test their business to make sure it will work before starting it. …

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