If you are entering the wilds of entrepreneurship for the first time and starting your own business, finances are an essential part of your business plan. If you have the necessary savings, you have solved a large part of the problem. In several articles in a row, we will look at the basic steps that will help you navigate and make the right decision for you. OPTIONS FOR…
12 STEPS FOR THE BEGINNING ENTREPRENEUR - part 2
Continued SHORT AND LONG TERM BUSINESS GOALS Where you are starting from and where you want to get to is the content you will outline in this part of the plan. Goals can of course always change, but you still have to start with something. In this part is where you will also tell how you plan to…
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12 STEPS FOR THE STARTUP ENTREPRENEUR - part 1
If you are entering the wilds of entrepreneurship for the first time and starting your own business, you will certainly need a business plan or, in other words, a company concept. The business plan describes and develops your idea as a project to be successfully implemented in your chosen field. So you will have a comprehensive view of the activity for...
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SWOT analysis - a few easy steps
SWOT - Strengths (Strengths, Weaknesses, Opportunities, and Threats). In order to make a good marketing strategy for your company, after segmenting the market and defining the niches, it is time to analyze the strengths and weaknesses of the company, the advantages you have and the possible threats on the way to the realization of...