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Can A person Establish A Business That He Knows Nothing About.
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[QUOTE="Chibson, post: 216278, member: 27553"] [FONT=Georgia]It is quite very possible to establish a business you know nothing about but that will be very hard except you have good amount of capital. You can simply do it by employing people that have proper business knowledge and knows about about the business to the core. Such people will help you run the business successfully but if you do not have sufficient capital then I don't think there is any way you can be able to run a business you know nothing about. It is always advisable for people to venture into businesses they have proper knowledge and understanding of so that they can be able to run it well and make it successful on the long run. There are some people that start businesses with little amount of money and they end up making the business very successful because they have proper knowledge and understanding of how it works. There are many things that you must put in place that are very crucial role to whether you will succeed in a business or not and one of them is location. The location of your business matters a lot in a sense that even if you do not have proper knowledge of a particular business and you are in a good location there is a chance that you will succeed in such a business because there will be Monopoly. But you cannot succeed in a competitive environment where there are people that have good knowledge of that business.[/FONT] [/QUOTE]
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Can A person Establish A Business That He Knows Nothing About.
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