Seven criteria for an ideal business niche
1. "High Resolution" Here we are talking about your “resolution” in this niche, that is, about your level of understanding, your experience, knowledge. For example, if you enjoy your entire…

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Recommendations wishing to get rich from investor Warren Buffett
1. Reinvest profits When you earn a lot of money first, you might be tempted to spend it. Do not do that. Better put them in a business that seems…

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Recommendations wishing to get rich from investor Warren Buffett
1. Reinvest profits When you earn a lot of money first, you might be tempted to spend it. Do not do that. Better put them in a business that seems…

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How to open a butcher shop
Meat is the product without which many simply do not represent their diet. Almost everyone eats meat (those who have special convictions about this, do not take into account -…

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How to start a business

Owning your own business is what many dream of. However, after making a decision to open your own business, you need to realize the full responsibility of this step and think through many nuances, each of which can significantly affect the course of business.
If you want to start your own business, it is also important to understand that you take financial, moral, social and other responsibility for all your actions.
Of course, there is no clear and only correct instructions on how to open your own business. Much depends on the type of business, on your financial capabilities, on your goals. But we can offer you the most generalized scheme for opening a business and it consists of the following steps:
1. Choosing a business idea. Continue reading

The concept and signs of business activities

Having a desire to do business, it does not hurt to know what is an entrepreneur and entrepreneurial activity.
According to the generally accepted definition, entrepreneurial activity is an activity that is aimed at regular profit from the following operations: use of property, production and / or sale of goods, performance of work, provision of services. Consequently, an entrepreneur is one who engages in this activity and has registered himself in the manner prescribed by law. Business activities are carried out independently and at your own risk. Continue reading