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7 TIPS BEFORE LAUNCHING A BUSINESS - StartUpTips101

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  7 TIPS BEFORE LAUNCHING A BUSINESS Start-Up Tips 101 WRITTEN BY: Prisha Bhanushali  MAY 2, 2023 Starting a business can be an exciting and rewarding endeavor, but it can also be overwhelming and daunting. There are numerous steps involved in starting a business, from selecting a business concept to drafting a business plan and launching your enterprise. We’ll walk you through the necessary steps to launch a profitable business in this blog post. Select a business venture 1. Select a business venture Developing a business idea is the first step in launching a company. Your business concept needs to be something you are knowledgeable about and passionate about. Start by generating ideas based on your interests, skills, and hobbies. You can also search for market gaps to find a need that your company can meet. 2. Market research to be done To ascertain whether there is a market for your product or service once you have a business idea, you must conduct market research. You can ...