Startup Tips Part 1
1. Do your market research
Who is the target audience? Is it easy to get into the specific industry? Who are the big players in that specific industry? What is your ideal customers? Do research on these kind of questions to make sure that you do not enter the indistry unprepared.
You cannot start a business without money. If you plan to seek investors, create a business plan and work on your pitching. A good pitch will determine if people will invest in you. Research on the amount of money you will have to spend to keep the business running.
3. Name your business
Naming your business is probably one of the easiest parts of the business. Try to come up with at least 5 names for your business and you can choose the best to use. Try looking at other brand names and improvise.
These are not all the tips that I am going to share, do stay tuned for upcoming post for Startup Tips part 2
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