Question

Crutically discuss six factors to consider when starting a small business

Answer 1

Before starting a business consider 6 important things:

1. Very good ideas, any business can develop in the absence of a great idea.

2. Funding and budget. The next important schedule should be considered involved in the business of your business.

3. Competitors' analysis.

4. An effective business plan.

5. Legal documentation.

6. Positive attitude.

Answer 2

six imp factors are:-

idea n concept of the business

funds or investment

credits

worker or partnership

finance

input and output turnovers!!