Question

What factors are to be considered while starting a business explain?

Answer 1

Explanation:

An important factor to be consideredat the start of the business is the place where the enterprise will be located. Availability of raw materials and labour, power supply and services like banking, transportation, communication, warehousing etc. are important factors while making this choice

Answer 2

Answer:

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.
• Availablity of raw material
• transportation.
• labour etc...