START A BUSINESS

Planning ahead improves the chances of getting your business off the ground.

THINGS TO CONSIDER

• Research your idea thoroughly
• Prepare for the unexpected
• Most startups fail within five years

CHECKLIST

➢ Calculate your start-up costs.
➢ Research your business idea.
➢ Write a business plan.
➢ Set up your business structure.
➢ Finance your start-up
➢ Develop your product or service
➢ Build your marketing channels
➢ Step back occasionally to take stock

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