Joseph decides to start his own business. Assume he has called you for advice.
Explain five factors you will advise him to consider while starting the business

Answer:

i) Entrepreneurial traits
ii) Business management and technical skills
iii) Long term market demand for product/service
iv) The cost of starting, operating and personal finance
v) The level of competition

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Joseph decides to start his own business. Assume he has called you for advice. Explain five factors you will advise him to consider while starting the business

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Explain five factors you will advise him to consider while starting the business