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Factors to consider before going into large-scale business.
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[QUOTE="Sotherefore, post: 221337, member: 27033"] Large-scale business is absolutely profitable but experience is also needed in this area of business because it is experience that will really help you to manage the business successfully. I have seen a situation that some entrepreneurs engage in businesses like this and are doing well perfectly because they are able to organise their business perfectly and they locate the business in a good and suitable environment that helps in the progress of their business. Another thing is just the capital because there are some business that you can't possibly start with any amount of money but you must at least have the required money that is needed to start up the business successfully. Whenever I am interested to start up a business I must try as much as possible to have at least hundred percent of the required money depending on the business . Environment really matters and sometimes when the population is very high the possibility of making money with your business will also be higher and also the other way around if the population is very low. All these things must be put into consideration when starting up a business. Some locations are also more competitive than others . [/QUOTE]
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Factors to consider before going into large-scale business.
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