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- To run a small business, follow these steps:
- Have a business plan in place. Business plans help you prepare for every aspect of your business12.
- Define key performance indicators (KPIs) to gauge how successfully your business is meeting specific goals1.
- Understand your business risks and rewards1.
- Find the right business opportunity2.
- Write a business plan2.
- Choose a business structure2.
- Get a federal tax ID2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The 3 foundational pillars for running your own business
- 1. Have a business plan in place Business plans aren’t just for when you’re applying for a loan or pitching for investment. ...
www.sumup.com/en-gb/running-business/manage…How to Start a Business in 15 Steps
- 1. Find the right opportunity What business should you start? ...
- 2. Write a business plan A strong business plan can help you prepare for every aspect of your business. ...
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