Most first-time entrepreneurs have a pretty good idea of the type of business they want to start. Perhaps they like what they do for a living, but know they could run a better company, or perhaps they are just tired of working so hard to line someone else’s pocket. Maybe they have a hobby they’ve been doing for years and believe they could make a go of sharing that passion with others. In either case, these would-be entrepreneurs generally have a good grasp of the basic operations of the business. Unfortunately, the operations are only half the battle.
Every business, …
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