Starting a small business involves many types of decisions, steps and processes. The beginning is a big matter for the entrepreneur. You have to perform different activities to find out what you will be doing, when you will do it, and how you will do it.
You have to find answer to many questions. You will have different operations to perform like selecting the business, the industry, ownership form, finance, business plan, tax related issues, business process, site selection, licenses, registration and so on. The list is very big.
You have to not only perform these; but have to perform them fine. You have to prioritize the activities and perform them accordingly. For an inexperienced entrepreneur, the tasks become more needed.
Starting a small business may be divided into two stages: one is pre-startup stage, and the other is post startup stage.
Pre-startup Stage:
This stage is actually a planning stage. You have to plan your activities and act accordingly. This stage is very crucial as you plan out your whole business here only.
In this stage you will decide about the idea of business. The idea development will take sometime. Idea...
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