Starting a small business
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Question 1 of 4
What are some ways to research your target market?
Registering your business on Companies House
Hiring an accountant
Feedback and surveys
Asking for funding from the bank
Existing data for your industry
Looking at competitors
What are some of the legal requirements you will have to consider when starting a business?
Health and safety
Business plans
Employment rights
Data protection
Paying bonuses and commissions
Company ethos and values
What informative sections should your business start-up proposal contain?
Executive summary
Target market
Contents page
Personal details of employees
Finance / funding
Which one of the below is a good technique for identifying your own strengths and weaknesses as an entrepreneur?
SWOT analysis
Profit margin
Costs / benefits analysis
Competitor analysis
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