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What are the main points to be remembered for an entrepreneur, when he/she wants to start business by him/herself?

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Question added by Akmal Alimzai , Translator and Interpreter , DI (Democracy International) USAID
Date Posted: 2016/06/04
Abdul Rahim
by Abdul Rahim , IT Network Administrator , The City School ( KAPCO Chapter )

There are many aspects that an entrepreneur needs to remember before starting a business.

For Example he/she should not start that business in which he/she has no experiences.

Never invest the whole amount at once. 

The invest should be divided into three parts. Invest first part in the very start. And invest second part according to the demand and taste of customers. And third part of the investment should be reserved for an emergency basis requirement.

Never start a  business with big number of employees

Start a business with new Trends.

Start a business where there are lesser competitors.

Selection of place is most important factor for starting a business.

 

 

 

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