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An Illustrated Guide to Starting a Business
12 Efficient Steps to Start a Profitable Business
Over 543,000 new businesses start each month — two thirds survive the first two years, one half make it to the fifth year, and only a quarter are still standing 15 years later.
Secrets of success included in this guide:
• Adequate planning (company description, service or product development, market analysis, marketing mix and financial projections)
Keeping it legal: business type (e.g. sole proprietorship) and employer ID number
Payment solutions: cash, check, debit or charge?
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