ENTREPRENEURSHIP

Detailed explanation-1: -The four basics for starting a business are your business name, business structure, business registration certificate and all your other licenses. You must take the proper legal and regulatory steps in each of these four areas before you launch your business.

Detailed explanation-2: -The process of setting up a business is known as entrepreneurship.

Detailed explanation-3: -Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs. More items

Detailed explanation-4: -Step 1: Think of an idea. First things first, you need a business idea. Step 2: Get to work. You might have a good idea but without passion, your idea won’t thrive. Step 3: Consider the risks involved. Step 4: Research your idea. Step 5: It’s time to build. Step 6: Launch your product. 18-Jul-2019