Imagine that you wish to start a leather or textile factory.what are the aspects you will have to consider for setting up a mill?
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Answer:
business structures: Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The structure for you will depend on your personal situation and your future plans. Consider the options available.
consideration when starting an business: It is the ambition of many people to un their own business but there are many issues and pitfalls to consider.
could i really make a go of it: If you are looking to run your own business, it is worth looking at what is required to succeed.
credit control: We consider what you need to be checking in order to understand if your customer can support the amount of credit you are granting.
insuring your business: When starting a new business, you will no doubt recognise the need for insurance. It can provide compensation and peace of mind should things go wrong but can also represent a significant cost. We consider the types of insurance you may need.
raising finance: Every business needs finance - we look at what type of finance is best suited to the development of your business.
source of finance: The financing of your business is the most fundamental aspect of its management. Get the financing right and you will have a healthy business, positive cash flows and ultimately a profitable enterprise. We summarise the means of finance that are available and where we can help.
hope this helps....
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Explanation:
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