Social Sciences, asked by LuckySinghBisht, 9 months ago

If you were an entrepreneur what factors will you keep in you to set up an industry ​

Answers

Answered by nehaputhan
4

Before starting a business you should have an answer to the following questions....

- What skills do you have???

- Where does your passion lie??

- Where is your area of expertise??

- How much can you afford to spend, knowing that most businesses fail?

- How much capital do you need?

- What sort of lifestyle do you want to live?

- Are you even ready to be an entrepreneur?

And be honest with your answers....

Do market research.

Ask for suggestions from people whom you trust the most...

Get all of the legal aspects out of the way early.

Write your business plan including the market strategies...

Fund your startup yourself....

Find a location...

HOPE THIS HELPS....

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