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Starting a business is usually an exciting time for majority people. The idea of being your own boss, managing your own time and finances thrills a lot of people. With all this excitement, it is possible for one to just jump into business without prior planning. Lack of proper initial planning can be disastrous to the business owner(s) in the long run when the truth about the business environment sets in. To avoid losses or unpleasant surprises, I have discussed 20 important factors as well as steps to put into consideration before starting any type of business

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