Considerations
Some of the considerations for starting a business are: * Assess your knowledge, abilities, and experience * Advantages and disadvantages in business * Study and evaluate the market * Start-up costs * Financial plan forecast * Cash flow budget * Your personal balance sheet * Government assistance programs for businesses * Financing a business * Legal business categories * Company insurance * Business credit * Marketing plan * Bookkeeping and accounting knowledge * Share purchase and sale contract * Buying a franchise * Buying an existing business * Launching your own business * Selection and hiring of employees * Staff wages policy * Employee motivation * Stock control * Where to turn for assistance
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