How to Start a Company: A Step-by-Step Guide

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So you want to start your own business. Maybe you’re really knowledgeable and passionate about something, or you’ve found a way to fill a gap in the marketplace. Wherever your interests lie, there’s almost certainly a way to turn it into a business.

There’s a lot to consider and plan before you launch, and it’s important to prepare yourself for. entrepreneurship. If you think you’re ready to start your first business, here’s a step-by-step overview of what you need to do to make it happen.

  • Refine your idea.
  • Build a business plan.
  • Assess your finances.
  • Register with the government and IRS.
  • Build your team.
  • Choose your vendors.
  • Brand yourself and advertise.
Source.

Vocabulary:

  • Entrepreneurship: Skill in starting new businesses, especially when this involves seeing new opportunities.
  • Launch: An event to celebrate or introduce something new.
  • Brand: A type of product made by a particular company.
  • Vendor: Someone who is selling something.

Recommendations:

Write down a plan to start your own company following all these steps.

Questionnaire:

  • Would you consider yourself an entrepreneur? Why?

Welcome to this activity created by Learning Advisor Cesar from Narvarte Branch. Take note of all the pink words, read the text, watch the video and answer the question in the comment section below.

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