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Steps to take before starting a palm oil selling business
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[QUOTE="Holicent, post: 274709, member: 76163"] Palm oil is a common vegetable oil in many countries and there are many ways to sell it. You can either sell it directly to the public or sell them palm oil products or products which contain palm oil. Here are some steps you need to take before starting your business: 1. Decide on what kind of business you want to start. 2. Find out how much money you will need to set up your business as this will influence the kind of business you want to start with. 3. Decide on where you want your business to be located, whether it should be in your home or an office space. 4. Choose a name for your company and register it with relevant authorities like Companies Registry or Intellectual Property Office (IPO). 5. Know your target market and product. 6. Choose a location where you can establish your business. 7. Do research on products, tools and equipment needed for the operation of your business. 8. Obtain permits from local authorities at the start of your business venture. 9. Find peace of mind when it comes to legal issues involving your palm oil business. 10. Decide on whether you want to do wholesale or retail sales because each has its own pros and cons depending on what type of product you are selling and what target market you are looking for. [/QUOTE]
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