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Starting or expanding a small business is not an easy process. Actually it gets complicated as we dive into the process. Here is a step by step process I have developed based on my personal experiences in starting my own businesses as well as helping many businesses during my many years of experience as Director of several Business Assistance Centers and Small Business Development Centers. I welcome your comments.
Introduction
Starting or expanding a small business is not an easy process. Actually it gets complicated as we dive into the process. Here is a step by step process I have developed based on my personal experiences in starting my own businesses as well as helping many businesses during my many years of experience as Director of several Business Assistance Centers and Small Business Development Centers. I welcome your comments.
Explore, Analyze and Brainstorm your Business Idea
So you get this idea about a possible business opportunity. Great, the light bulb inside your head is turned on. Now it's time to explore more if this idea is feasible. Time to validate your intuition with some numbers and make sure you are going in the right direction.
Take some time to talk about this idea to friends, family, associates and even strangers. Do it casually to get a better answer about its possible marketability. Listen carefully to their responses and read between the lines to get more info on the subtleties of their answers.
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