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Create a business plan. 5. Decide Starting a business requires a lot of work. The amount of documentation, legal requirements, and strategic development can simply be overwhelming. But without putting in the effort, you’ll struggle to turn your idea into a successful business.
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Due to the ongoing novel coronavirus pandemic, 2020 was a challenging year for small business owners. In fact, Fortune reports that "More than 97,966 businesses have permanently shut down during the pandemic." Yelp data echoes this, illustr
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Learn the business planning basics to run a successful small business, from writing vision and mission statements through creating an action plan.
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An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens The future of innovation and technology in government for the greater good Our annual gui Learn the business planning basics to run a successful small business, from writing vision and mission statements through creating an action plan. Nora Carol Photography/Moment/Getty Images Business planning is the magic bean for successful Why Start Your Own Business?
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