(TIỂU LUẬN) TIỂU LUẬN HOW TO START a BUSINESS WITHOUT EXPERIENCE

BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜNG ĐẠI HỌC BÌNH DƯƠNG KHOA KINH TẾ BÀI TIỂU LUẬN HOW TO START A BUSINESS WITHOUT EXPERIENCE MÔN HỌC : ANH VĂN CHUYÊN NGÀNH GVGD : ThS NGUYỄN HƯƠNG SANG HỌ TÊN SV: PHAN CHÍ TRUNG MSSV : 17030029 STT : 04 LỚP : 20QT03 NGÀNH : QUẢN TRỊ KINH DOANH PROLOGUE “First and foremost, I'd want to congratulate Binh Duong University for incorporating English subject into the curriculum I'd want to show my thanks to subject professor Nguyen Huong Sang in particular for educating and imparting significant information to me during the course of my studies I received a lot of practical knowledge, as well as an effective and serious study spirit, during my time in his 2nd major English class This will undoubtedly be useful information, as well as a piece of luggage with which I will be able to confidently go forward in the future English major is a fascinating, incredibly helpful, and quite practical topic Ascertain that students have sufficient knowledge in relation to their practical demands However, many shocks remain because to inadequate understanding and capacity to comprehend reality Despite my best efforts, it is clear that the essay is tough to write without faults and numerous mistakes I hope you would examine my essay and provide feedback to help me better it " I'd want to express my heartfelt gratitude!" TABLE OF CONTENTS HOW TO START A BUSINESS WITHOUT EXPERIENCE CHAPTER 1:THE PRESENT SITUATION OF YOUNG PEOPLE’S ENTREPRENEURSHIP 1.1 Why is entrepreneurship becomi 1.2 The difficulties of starting a busin 1.2.1 Leav 1.2.2 Mobi 1.2.3 Crea 1.2.4 You'll need a long-term strategy 1.2.5 When confronted with the unknown 1.2.6 Lone 1.2.7 Deve 1.2.8 Make 1.3 Knowledge to start a business 1.3.1 Skills 1.3.2 Skills 1.3.3 Optim 1.3.4 Asking for assistance skills 1.3.5 Situa CHAPTER 2: THEORETICAL FOUNDATION 2.1 What is the definition of a startup 2.2 Business 2.3 Market 2.4 Customer 2.5 Competitor 2.6 Business administration 2.7 Manage customer books CHAPTER 3: CONTENT ON WHAT TO KNOW WHEN STARTING A BUSINESS WITHOUT EXPERIENCE 3.1 How to Begin a Business 3.2 Things to know before starting a business 3.2.1 Do you have the capacity to work on your own 3.2.2 Do you work as a product researcher or a business owner 13 3.2.3 Is the company concept appealing to customers 13 3.2.4 What distinguishes your company from others 13 3.2.5 Do you have the ability to multi-task 13 3.2.6 Do you have the necessary financial resources to begin working right away 13 3.2.7 What are your strategies for dealing with rejection and disappointment? 14 3.3 Effective employee management golden principles 14 3.4 Consumer demands and behavior are studied using a variety of methods 14 3.5 Effective Cash Flow Management Solutions 15 3.5.1 Plan your autoization process with the help of art .15 3.5.2 The cash cycle is constantly monitored 15 3.5.3 Minimize risk of selling on credit 16 3.5.4 Consider the investment's net present value and payback time 16 CHAPTER 4: CONCLUSIONS 17 Lecturer: Ths Nguyễn Hương Sang Specialized English CHAPTER 1:THE PRESENT SITUATION OF YOUNG PEOPLE’S ENTREPRENEURSHIP Entrepreneurship is no longer a foreign concept; it appears in almost every context For young individuals, starting a business is an ideal, novel, and appealing kind of business In the Vietnamese market, what makes a startup so appealing 1.1 Why is entrepreneurship becoming more popular among young people Business trends are increasingly shifting dramatically The younger generation is following in the footsteps of successful entrepreneurs from the past Young people have the courage to think and act, and they have access to technology and communication via the Internet It is precisely the 4.0 technology that benefits STARTUPS Simply put, what would you think of if you wanted to advertise? Isn't it true that every second of a TV advertising costs a lot of money? Featured in a well-known publication? Alternatively, stand at the intersection and give pamphlets to every side street That's exactly how we used to it However, owing to the shift in the 4.0 business paradigm, everything has changed Customers sit in one spot yet have access to hundreds of thousands of different pieces of information Customers have the option of learning through any channel that suits their needs The most straightforward method is to use Google or social media sites to a search Direct purchasing is progressively being supplanted by online purchasing via electronic platforms As a result, e-commerce is rising in popularity, with millions of people shopping online 1.2 The difficulties of starting a business When we initially start a new business, we will confront a variety of problems that, although helpful, are also quite harsh and tough to overcome, especially when compared to those who start a firm from the ground up young and experienced Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English 1.2.1 Leaving other occupations If you want to construct your own and expand your own career to win, for example, you can nearly no longer handle other stages at the same time You may simply have to run your own nascent firm on a Sunday night deadline, but if you want to have a genuinely great career, you must forego the jobs that make you happy It's not easy to obtain a lucrative long-term opportunity on our own — especially if we've never run a firm before It's hazardous, but there's no other way to go ahead Consider and make proper decisions, and don't dismiss your intuition; these will serve as springboards for making your business simpler 1.2.2 Mobilization of funds Experienced entrepreneurs may find it difficult to get cash when starting a new firm, but they have a few advantages over newcomers It is the capital given from a prior firm or a consistent stream of revenue that is utilized to fund the new venture Even if their first firm fails, we may invest or connect with important clients to help them start a new one As a new trader, you and your entire family will be starting from scratch, which means you should arrange the network configuration step by step and consider all financing choices up front It is not easy for experienced merchants to obtain funds when they need to engage in one of the new advertising sectors when they choose one of them, but we have a lot of benefits for new businesses is a reliable source of variations utilized as money for new PR initiatives or capital given from prior PR operations 1.2.3 Creating a team It will be more tough if you have never worked in or managed a team before, but even if you have administrative expertise, putting together the ideal team to launch a firm is challenging It was really hectic and exhausting You must examine the cost of employing employees, the optimization of traditional culture, and how to make them entirely function in addition to selecting individuals with the appropriate key Assist clients as a member of a client team When you're under pressure to fill these roles as soon as possible, team development becomes even more challenging Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English 1.2.4 You'll need a long-term strategy You are supposed to come up with company concepts as a founder When a sales disagreement emerges, it is the obligation of the company to devise a strategy for dealing with it When your team faces an impossible challenge, it's up to you to figure out how to get them to go ahead That necessitates having a creative mind right away, which leaves a startup entrepreneur with little time to unwind The less experience you have, the more pressure you will feel, and the more difficult the deadlines will be 1.2.5 When confronted with the unknown How long will the business of the startup last? What is the profit margin? Is our product line well-liked by customers? Can we establish a reliable source of income for ourselves? Even if we start off in absolute terms with the needles you'll need, none of the above questions have a concrete solution 1.2.6 Loneliness This is a topic that is rarely discussed, and many new company owners are not psychologically prepared for it until it occurs To be a leader is to become a loner, since you have no one to rely on in that position You'll have to work long hours and won't be able to visit your family or friends on a regular basis, and business professionals will be required to keep a certain distance from their employer 1.2.7 Developing company policies It's wonderful to be the boss until you have to make a decision that must be followed You'll have to come up with business rules in your company sooner or later, from how many days off employees get to how you handle complaints It's not amusing that you should consider and develop these guidelines, but they are necessary for any firm 1.2.8 Make a choice Whether we like it or not, this is the most difficult of them all Every day, every business owner is faced with hundreds of thousands of decisions, big and little, ranging from organizational structure to working hours If we are not prepared for rising levels of pressure, decision fatigue is a genuine problem that most businesses face Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English You'll be well on your way to developing your own profession if you can overcome these obstacles That isn't to imply that current issues won't trouble you in the future, or that you won't face a slew of new ones However, because you're willing to stand up for yourself and conquer the challenges of the initial few months of your startup, you'll be able to advance ahead of your competitors 1.3 Knowledge to start a business 1.3.1 Skills in self-study We've just had a brilliant idea, but are we the first to think of it? Who may be your main rival? Are we capable of bringing that concept to life? What is the needed cost and how will the funds be raised? When launching a business, these are the problems you should consider and investigate Refer to academic publications and real-life situations that are related to our company concept; locate a teacher, a mentor; invest in market and consumer research, as well as take classes to improve your abilities, if eligible 1.3.2 Skills in networking Relationships are really crucial in life The majority of my opportunities come from the relationships I develop Although networking is sometimes misunderstood as simply a matter of "reciprocity," or "you assist me, I assist you," this is not the case The act of forming true relationships and, as a result, forming a community, is at the heart of networking To build such connections, you must first make a good first impression, then honestly interact with individuals by sharing experiences, hobbies, or aspirations, and then reconnect to seek for chances To develop such relationships, you must first make a good first impression, then talk honestly with others by sharing experiences, hobbies, or ambitions, and last reconnect to look for opportunities Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English 1.3.3 Optimism As a startup, we will only get nods, and only nods Prepare yourself psychologically for this and don't think of it as a bad thing Make a list of entrepreneurs or influencers you like, and read articles about their journeys and the aspects that aided their success We'll see that the majority of them confront several obstacles and problems, which they conquer with unflinching trust in themselves and their objectives 1.3.4 Asking for assistance skills It's critical to recognize that you require assistance, but it's also critical to comprehend what you want assistance for, why you want assistance, and to prepare your presentation The first step is to your own investigation What exactly is the issue you're having? Why you believe that occurred? Consider it carefully and completely, and try to pinpoint the source of the problem Then, explore what industry professionals can to assist you Before you talk, you must clearly and simply identify the problem you are experiencing, the breadth of assistance required, and what you are ready to to address it Find a mentor who can provide you with regular advise He or she may be in the same business as you or possess the talents you want Thank you for your assistance Don't squander someone's time who is ready to assist you As a mentor, I find that the most productive sharing and consulting sessions occur when the client has a good understanding of the above processes prior to our appointment Finally, put the advice to use If you don't listen and follow the advise initially, the person who helped you this time may refuse to help you again in the future 1.3.5 Situational awareness Actively listen to what other entrepreneurs or mentors in your sector have to say In addition, look at similar company ideas and, more precisely, the issues you're having To adapt, be open to change Simultaneously, be adaptable in your approach to the problem, as solving it will almost certainly necessitate changing a few aspects of your company model Finally, taking a step back and avoiding an impediment does not imply that you have failed It's not always the best option Because of their experiences, don't fall into the Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English same traps as others The greatest method to cope with a situation is to learn from others who have gone through it personally CHAPTER 2: THEORETICAL FOUNDATION 2.1 What is the definition of a startup A startup is a phrase that refers to organizations (businesses) that were formed with the goal of producing products and services under unusual circumstances (most uncertain) Entrepreneurship entails creating something of value that benefits the entire society or a specific social group Starting a business by developing a firm contributes to the socio-economic growth of a country to some level What are the most crucial aspects to consider while starting a business? When we talk about the startup, we're talking about human aspects, context, and innovation The novelty that startups provide is a critical aspect The majority of the time, entrepreneurs band together to provide fresh and creative value for their consumers Individuals who have a novel concept in the field of information technology and want to launch a business What should you keep in mind throughout the initial phase? The first step is to establish a precise development strategy for each phase, recruit more collaborators (Co-founders), then consider the financial aspect (finding, soliciting financing), create product concepts, and establish a business 2.2 Business The following signals can be used to understand the term business used in the Law on Companies and the Law on Private and Business Enterprises in Vietnam: The surgery must be carried out on its own Entities have the ability to business on their own behalf They make all necessary decisions for themselves and are responsible for their own actions Activities must be of a professional nature, that is, they must be performed in a professional, regular, and consistent way, and they must be the primary source of revenue for the individual conducting them Subjects are in charge of the operation with the goal of creating consistent earnings Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English As a result, we may deduce that business encompasses actions such as investing, production, buying, selling, and service supply, among others Independently carried out by corporate organizations for a profit in monetary terms Production operations will generate tangible riches to meet consumer demands 2.3 Market The market is a location where economic transactions such as buying, selling, transferring, and exchanging products, services, capital, labor, and other resources take place Markets existed in medieval cities where one person could sell and another could purchase Exchange may now take place in any city, not only marketplaces, in socalled shopping malls 2.4 Customer Simply explained, customers are persons or organizations that are the target of a company's marketing activities They are the ones who make the purchasing decisions Customers are the ones that benefit from the high quality of products and services Customers have become highly essential to each business in the context of economic development and severe rivalry; this is a key factor in the success or failure of the business since customers are those who bring in income, profit, and pay for all operations in the business 2.5 Competitor Individuals and units that serve the same consumer segment as you, trade in the same items as you, or provide similar pricing to your company's items are considered competitors In the marketplace, they are your competition Every business has its own set of rivals No one is an exception; perhaps the only variation is the strength or weakness of the competition You must absolutely utilize the appropriate thinking and techniques to win the tournament 2.6 Business administration Business is the use of business process management behaviors to sustain and build an enterprise's business, including considering, developing systems, processes, and Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English optimizing "performance," "business management" via managers' thinking and decision-making Every business has its own set of rivals No one is an exception; perhaps the only variation is the strength or weakness of the competition You must absolutely utilize the appropriate thinking and techniques to win the tournament 2.7 Manage customer books This is the activity of keeping track of the commodities exchanged In addition, there is client service It might also be the subject of the initial contact with the consumer Alternatively, keep track of consumer feedback This is a collaborative effort It aids in the recording of all product details Customers and the transaction procedure are both important Anyone in the shop may check things up, learn about them, and discuss them CHAPTER 3: CONTENT ON WHAT TO KNOW WHEN STARTING A BUSINESS WITHOUT EXPERIENCE 3.1 How to Begin a Business A business plan functions as a step-by-step guide that explains what to and how to begin implementing any concept The following are the steps to writing a business plan: Step 1: Create a business strategy based on a unique concept When you begin to write a business plan, ideas are like the soul; they are the foundation for your success, the objective that you want to achieve As a result, the first stage in developing a thorough business plan is to come up with a distinctive idea Don't worry whether it's insane or fantastical; no one is judging you for your dreams; what counts is how you bring them to life Who would have guessed that man could control the sky before the Wright brothers built the airplane? So, while you're writing a company plan, seek for a prospective concept that isn't too "touchy," since this will determine more than half of your success rate Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English Step 2: When writing a business plan, determine what goals and outcomes you want to attain Of course, if you want to draw a road, you'll need a beginning and an end; objectives and successes provide incentive to attempt, as well as a destination for all your thoughts Goals will assist you in developing a more complete and precise company strategy Step 3: Before drafting a business strategy, conduct market research and analysis "Knowing the adversary, knowing yourself, hundreds of battles, hundreds of triumphs," the market is a furious war between hundreds of different opponents, and in order to succeed, you must first comprehend all of the things that surround you It's crucial to remember while figuring out how to write a business plan You must first learn about the market you want to target, your target audience, the competitors, and the business sector Fill your head with as much information as you can! Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English Step 4: Draw a SWOT (Strengths, Weaknesses, Opportunities, and Threats) chart Now that you've figured out how to understand people, it's time to figure out how to understand yourself Making a SWOT map may help you re-statistic what strengths you have to compete, what needs to be conquered, and what must be conquered You will be able to plan your business more effectively and accurately if you have a clear knowledge of your potential, rather than becoming mired down in unachievable ideas If, for example, your strength is a reliable supplier of low-cost items with mediocre quality, you must focus on the pricing strategy rather than the quality when planning your sales to take advantage of the competitive advantage his works of art Step 5: Create a business structure model You have a fantastic concept and a massive plan, but are you capable of carrying it out on your own? No, you'll need like-minded people and a variety of specialists You can't allow things get out of hand at this stage; you need to build a company strategy in which the system is divided fairly and departments are coordinated to get the greatest results Let's get started on defining your company concept 10 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English Step 6: Create a Marketing Strategy Remember to advertise and convey your brand; this may appear to be an irrelevant phase, but it is crucial in deciding your ability to consume items Do marketing from the beginning; a long-term and adaptable strategy will make it easier for you to contact clients and develop your market; this is also one of the recommendations on how to write a smart company plan the very best! Step 7: Create a plan for human resource management Your company will grow, and you will be unable to supervise each of the tens, if not hundreds, of employees personally A system of expertise should be in place to assist you in planning how to manage, train, coach, and develop your employees' talents Step 8: Create a budgeting strategy Cash flow management is critical in a firm; if you don't know how to appropriately distribute it, earnings may not be enough to cover losses What fees are required, when should they be paid, when should they be collected, and so on All of these concerns should be addressed in a detailed strategy Step 9: Make a strategy for implementation After you've created a thorough business strategy, it's important to plan your step-bystep execution Make sure everything is on track, and if there are any adjustments, always plan ahead to ensure nothing goes wrong Here are nine step-by-step directions for creating a business plan that you should keep in mind as you begin to put it into action Hopefully, after reading this post, you will understand how to create an excellent business plan to help you advance your profession 3.2 Things to know before starting a business 3.2.1 Do you have the capacity to work on your own Many individuals believe that being in charge is a lot simpler, however this isn't always the case When you have no explicit instructions on what to do, things might be tricky A successful businessman combines three personalities: independence, 11 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English resourcefulness, and the ability to operate productively and effectively without the assistance of others 3.2.2 Do you work as a product researcher or a business owner Great ideas are the foundation of many successful enterprises However, having a brilliant concept isn't enough to ensure a successful company Many times, founders just cease focusing on goods, prototypes, and patents and disregard other areas of business growth Just because you create a fantastic product does not guarantee that buyers will flock to your company 3.2.3 Is the company concept appealing to customers Consumers aren't concerned with whether you're following your ambitions or not; they only pay for items and services that suit their needs and desires Your business will fail if you're in a niche that no one cares about 3.2.4 What distinguishes your company from others We don't need to come up with a novel concept in the short term; all we need to is take a basic look at the sector you want to enter and figure out where the opportunities are Make a list of the best strategies to address that need and put them into practice You don't have to take a risk, but you should provide your consumers a compelling incentive to pick your product or service 3.2.5 Do you have the ability to multi-task Self-employment is a lot of effort, and you may have to everything on your own at times You can start as a technician and work your way up to salesman, business unit owner, and so on Before you start your own firm, be sure you're prepared to handle a wide range of jobs, especially the more time-consuming ones 3.2.6 Do you have the necessary financial resources to begin working right away Setting up and maintaining a business might be difficult if you don't know when to start making money The earnings of small firms, especially independent units, fluctuate a lot And earnings may not appear right away when you launch a new product 12 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English 3.2.7 What are your strategies for dealing with rejection and disappointment It is extremely difficult to be rejected after you have invested However, as an entrepreneur, you are constantly bombarded with bad news, whether it comes from investors, dropping sales, or decreased traffic to your e-commerce site We will not only be squandering your time but also failing to draw any lessons from the experience if you ponder about matters that must be abandoned or are emotionally combustible The difference between success and failure is how you respond to the difficult questions ahead If you can't find an answer to a query or two, don't be scared to abandon your ambition To achieve your objective, you may need to take some extra actions 3.3 Effective employee management golden principles Take command of your job and hobbies Listen and communicate well Getting people to care about the company's common objectives Capacity assessment and orientation for staff Reward staff on a frequent basis to keep them motivated Make the office a pleasurable place to work Employee Empowerment is number seven 3.4 Consumer demands and behavior are studied using a variety of methods Step 1: Market Segmentation Market segmentation - the division of consumers into groups of things with distinct common features - is required before diving into their demands and behaviors Age, occupation, gender, hobbies, personality, and so on may all be used to classify people Step 2: Examine the elements that influence user behavior Combine data from several market categories to establish each client segment's core value Determine what matters to this group of people What are the elements that make them vulnerable? After that, look at the environmental elements that influence customer behavior 13 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English Step 3: Analyze and synthesize consumer demands and behaviors, as well as customer experience and current trends Analyze and synthesize reliable information about each segment's consumer opinions and actions In-depth study on user experience and trending cryptocurrencies should be combined with the information acquired from stages and Find out whether there are any issues, hurdles, or hurdles in each consumer group Find out the unique characteristics/differences in their consuming habit, especially with the target or potential consumer group Step 4: Examine the channels of distribution and marketing communication After determining the most important elements influencing consumer requirements and behavior, the researcher selects communication and distribution channels that are appropriate for each consumer category, customizing the brand for potential audiences, and overcomes hurdles to guide them along the road of product loyalty at each stage of the purchase and experience process 3.5 Effective Cash Flow Management Solutions 3.5.1 Plan your autoization process with the help of art Modern cloud accounting software features user interfaces that allow it to communicate with other programs Banking, payroll, sales software, and even project management for specialized sectors are examples of these applications Business intelligence technologies are included in this program, which allow companies to thoroughly evaluate their financials and forecast cash flows 3.5.2 The cash cycle is constantly monitored The cash cycle refers to how long it takes a company to turn cash needed to generate inventory into cash from sales To track cash in and out, businesses must keep a tight check on accounts receivable, accounts payable, and inventory Accounting software may be used to report accounts receivable and payable by due date, providing a more comprehensive perspective of the maturity term This also aids them in developing a strategy for negotiating transaction conditions in order to improve cash flow efficiency 14 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English 3.5.3 Minimize risk of selling on credit If the nature of the business relies on the selling of products and services on credit, the company runs the danger of not being able to pay its obligations Many debtors also purposefully extend the payment time, causing cash constraints in firms This is a good technique for dealing with factoring Businesses may cash in on their bills by selling them to a factoring provider Factoring firms will pay between 80% and 90% of the invoice value in advance This money can be used to pay suppliers and company expenditures, with the remainder going into reserve Their cash cycle will be shorter in general, allowing new inventory to be turned to cash faster 3.5.4 Consider the investment's net present value and payback time Making the net present value (NPV) of the investments bigger than is the proper technique to increase earnings for the firm Subtract the project's original capital investment from the price to arrive at the NPV cash inflows' net worth (This will be based on the project's estimated cash flow.) 15 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English CHAPTER 4: CONCLUSIONS Although the use of digital transformation in startups in Vietnam is reasonably excellent, many new entrepreneurs are overly focused on technology and neglect to consider other elements such as the market To establish a profitable business, you'll need schooling, talents, and knowledge Personally, I believe that an open method is required for the creative startup ecosystem to thrive to its full potential within a legal framework that encourages and supports young people's inventiveness The larger business community should view itself as the midwife of start-up ventures, and there should be a system to encourage corporate responsibility with the purpose of fostering the creation of creative businesses Furthermore, capital and capital attraction policies must be open and attractive to a diverse group of investment capital flows for creative start-ups, investment funds must be diversified, and legal success prerequisites must be satisfied It must be easier and more economical to set up, invest in, and withdraw cash for creative start-ups 16 Student: Phan Chí Trung Lecturer: Ths Nguyễn Hương Sang Specialized English REFERENCES https://www.sapo.vn/blog/cac-buoc-lap-ke-hoach-kinh-doanh/ https://www.evehr.vn/post/cach-quan-ly-nhan-vien-hieu-qua https://ocd.vn/nghien-cuu-hanh-vi-nguoi-tieu-dung/ http://vtc2.vn/Thuc-trang-hoat-dong-khoi-nghiep-o-Viet-Nam-hiennay_c2_618_629_4426.html 17 Student: Phan Chí Trung ... helpful, and quite practical topic Ascertain that students have sufficient knowledge in relation to their practical demands However, many shocks remain because to inadequate understanding and capacity... crucial aspects to consider while starting a business? When we talk about the startup, we''re talking about human aspects, context, and innovation The novelty that startups provide is a critical aspect... strategy rather than the quality when planning your sales to take advantage of the competitive advantage his works of art Step 5: Create a business structure model You have a fantastic concept and