Planning and Operating a Small Business
Buissness ideas
Business plan
legal setup
funding
makerting
Operations
Growth
Risk Management
Recognize potential problems
Get appropriate coverage.
Personal savings, loans, or investors.
Track expenses and revenue
Organize daily activities and workflow.
Hire and manage employees if needed.
Handle inquiries and feedback.
Look for opportunities to grow (new products, markets).
Track performance and adjust strategies.
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Choose a business type (LLC, sole proprietorship).
Name and business.
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Obtain and business
Create a logo and brand identity
Use social media, ads, and other channels
Develop strategies to attract and retain customers.
Overview of business goals and mission.
How you'll make money (sales, services).
Marketing and sales approach.
Budget, funding, and financial goals.
Find a unique business concept
Ensure there is demand.