A comprehensive guide for young entrepreneurs covering the process of starting and running a small business. It details crucial business concepts, such as identifying opportunities, understanding economic principles like supply and demand, and choosing the appropriate legal structure for a venture. Furthermore, the material explains financial management through concepts like the Economics of One Unit (EOU), utilizing financial statements, and exploring options for both debt and equity financing. The guide also addresses essential operational aspects, including marketing strategies, sales processes, negotiation tactics, managing intellectual property, and the procedures for hiring and managing employees.
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Published on 12 hours ago
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