Starting a business requires considerable efforts. One has to do a lot of market research; assess one’s strengths; take into account the capital one has, one requires and the way one achieves them; an effective business plan to be implemented and executed ; relevant business structure outlining the plan and to achieve necessary licenses and permits.
Starting a business involves the following steps:
- Creating a business plan -An outline for your business.
- Choosing your business structure -The right business structure for you.
- Incorporation – The ownership best suited for you.