Common steps in the process of starting up a business

IB Business Management: Common steps in the process of starting up a business

Common steps in the process of starting up a business or an enterprise (AO2)The typical steps in starting up a business or enterprise include the following:An idea – In order to start an enterprise, entrepreneurs need to have a feasible commercial idea. They must be able to recognise and cultivate a business opportunity. For example, Jeff Bezos, founder of Amazon.com, had the idea of selling books via the internet...


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