How to Start a Business Most people dream of one day owning a large corporation of their own and making a bundle of money from it, but there are certain steps that must be taken in the successful completion of owning a business. When one decides that he or she would like to start their own business, one must ask themselves three basic economic questions; one, what to produce, two, how to produce, and three, for whom to produce? One must have each question fully answered in order to begin their venture into the world of entrepreneurship. Also, it is vitally important for one to fully understand every aspect of the product he or she plans to market. Knowledge is the key to success. After one has successfully answered the three basic economic questions, one must formulate a business plan. There are several steps to a business plan, each just as important and should not be overlooked i....

Number Of Pages: 3

Number Of Words: 697

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