What are the things that need to be considered when starting new business?
2 MUSTS FOR EVERY STARTUP TO HAVE BEFORE THEY STARTUP
First, you start with what you believe is a profitable idea that can become a business. This is normally because your idea solves a problem, meets a need, or satisfies a want/desire.
The next most important MUST for a startup to have is proof of concept. Try to do your business on a very small scale and see if customers will buy what you are selling for the price you need to be profitable.
