Question

the process of setting up a new business organisation​

Answer 1

Answer:

How to Start a Business

1. Write a businesses plan
2. Review the legal requirements to start a business.
3. Determine your business' legal structure.
4. Register your business' name.
5. Understand small business tax requirements.
6. Create a customer acquisition strategy for your business.
7. Market the business.
8. Sell your products and services

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Answer 2

In this question, we are asked to write the process of setting up a new business organization.

• Business organization is the entity formed to carry on a business and as well to earn profit.
• There are different categories of a business organization like Sole Proprietorship, Partnership, Joint Stock Company, etc.
• For setting up an organization one needs to follow some steps and they are-
• He or she should first make a plan
• Then should decide what needs to be required for starting the business.

• Then should decide its structure.
• Then should make it register in the eyes of law.

• Then it should create customer acquisition strategy.
• Start marketing your business.
• Then should sell their product and services.

PROJECT CODE #SPJ3