explain the basis factors to be considered to start a business
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Location of Business EnterprisePlant location is an important factor to be considered at the start of thebusiness. Availability of raw materials and labour; power supply and services like banking, transportation, communication, warehousing, etc, are important factors while making a choice of location
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Here is a checklist that will give you a list of factors to consider before starting a business:
A Business Idea.
Knowledge or Expertise.
Market or Demand.
Start-up Costs.
Capital and Finance.
Competition.
Location.
Staff.
Explanation:
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