research your business
Identify Your Market
First things first! Identify your target customers, your competitors and your service area. Get a basic idea of the demand for your product or service in this area (this area can be your city, state, country or the whole world, just identify what your range will be, this will help with marketing strategies and your ability to compete well later on)
Learn About Your Market
Get Advice
This one might be tough to do but will give you a huge head start. Talk to other successful business owners, they made good decisions and bad mistakes to get to where they are, you can learn what to avoid and what to pursuit from them. (Paying a professional consultant might be a worthy investment (we will get to that later) but probably not right away) Ask your friends or family to introduce you to business owners they know, or reach out directly. You can message them on social media or email them, while it may feel uncomfortable, understand that they were once where you are and will often be very happy to give you some valuable pointers.
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