@rcumberbatch
ricardo cumberbatch
@rcumberbatch · 4:56

Some Questions to ask before starting a business

You must also be able to clearly identify the market for your product or service. You must also be able to determine how large that market is and how much money it will generate. Some statistical data mining is important. Is the market for your product big enough so that you only need a small percentage of that market to turn a huge profit? You must be able to determine the startups costs before you can launch your business. Startup costs? Costs include things like materials, advertising, packaging

#entrepreneur, #startingabusiness

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