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Business Ideas Forum
Factors to consider before going into large-scale business.
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[QUOTE="Wiserr, post: 221387, member: 57806"] This is a very good and idea, I believe there a lot of things one has to consider, infact there are different things one has to know before engaging in large scale business, though you have already mentioned the major ones which include the nature of the market, and owners ability towards the business, but still I will like to say more about some factors which are also essential before engaging in large scale business. Also location do matters in terms of large scale business The major one is capital, we all believe that it is beyond having knowledge about business but also capital is needed, one is not just expected to have knowledge about the business without having the necessary capital to run the business, even though business idea is also essential but I believe having the two will be much better and will contribute to the success and achievement of the business, also location do matters, that is why it is very good to set a business were there is high demand of that particular product you are selling, also in large scale business it is also important that you make sure the product you are selling have good qualities, most people are after qualitative goods. [/QUOTE]
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Factors to consider before going into large-scale business.
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