STARTUPS.pptx dgerr sddfdg rreggwr dagdafe ddesrg

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1. STARTUPS

2. Simply a startup are the companies that are in initial/ first stage of operation Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is a demand, or they can be able to make demand for their product or service STARTUPS

3. 1- Location : The most important factor that we consider in a startup is the location. We must decide whether the business is conducted online, in an office, or by considering our home as an office. We can choose our location according to the product and service we provide. 2-Funding: Startups first raise funds mainly from family and friends. They also take loans from banks. Currently, there are several schemes and several loans in banks. For startups, the bank only charges a small amount of interest for these loans. After the startup is developed, they can also get funding through crowd funding. Factors to consider when starting a startup

4. 3- Legal structure : Startups need to consider which legal structure best fits their entity. Personal liability can be reduced by registering a startup as a limited liability company. 4- Market: Consider the broad market your business can serve. You can think about what geographic range you can cover and what kind of people might have the need that your business answers. 5-  Competitors: Research the businesses that produce similar products or services. You can learn what advertising works for them and what locations they serve. If they serve a similar demographic, you might consider locating further from them or targeting a different market. 6- Employees: If you have business partners, you might consider how much work each plans to do and any jobs that you don't want to do. You might be able to hire freelancers for specialized work or bring in someone to help you temporarily during a busy season. 7- Specific audience: After you've discovered your market, you can narrow down your focus to what specific audience you plan to target. Consider these aspects of your potential customer: Age Location Hobbies Work Income level

5. Positive parts are: More opportunities to learn Increased responsibility Flexibility Workplace benefits Innovation is encouraged Flexible hours POSITIVE AND NEGATIVE PARTS OF STARTUPS

6. Negative parts are: Risk of failure Having to raise capital High stress Competitive business environment

7. STEPS TO START A STARTUP Having a great idea Market research  Creating a business plan that outlines your company structure, goals, mission, and valves Funding: this is the most important and task-intensive step in a startup. Legal paper. The next step is the making and developing of all the required legal papers. This includes licenses and permits. Establish a suitable location. Plan to attract customers' attention Establish a customer base and adapt a growing plan.

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