There are many factors to consider if you are looking to start a build a business from scratch. Sometimes it’s possible to skip the planning stage and start later working on the details; it’s however not a very smart move. Starting a business without a well laid-out plan can be a catalyst for failure. Not every venture is positioned for success and statistics show that 66.66% of business with employees only survive in the industry for about two years and about half survive for five years. It might, therefore, be a tough decision to make when you decide to quit your fulltime day job and begin the journey of becoming a owner. Below is a guide for all entrepreneurial folks who might be curious about how to start a small business.
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