English, asked by Ama11, 1 year ago

speech on It pays to plan carve your own niche


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Answers

Answered by gotu65
2
Without planning there is very little in which you can be called a success. So to build you own niche you have to plan. First you have to  find what you like, then you have to take legal and business decisions. Make a business plan that articulates your experience, goals  and marketting strategy.This is very important specially if you are intending to take a loan because you will be well versed to reply any question the lender may have.

You should plan your business structure. For this you may have to consult an accountant. You have to know your tax structures and also assess personal liability issues.

Other issues that you have to decide on is about ownership of the business -"sole proprietor",partnership or as a corporation.
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