Launching and growing your own business can be extremely satisfying. And when done successfully, your business can generate profits that allow you to live an extraordinary life.
So, how do you effectively launch and grow your business? Below are five keys to your success.
1. Start with a business plan
Numerous studies have shown that having a business plan greatly increases your chances of success. A business plan forces you to think through the key strategic issues your business will face. For example, how will you most cost-effectively attract new customers? How will you create lasting competitive advantage? How will you best staff your business?…
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