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Simple Steps to Starting Your Business

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  1. Introduction

    Section 1: READY TO START?
    3 Topics
  2. SECTION 2: GREAT IDEA!
  3. SECTION 3: MARKETING YOUR BUSINESS
  4. SECTION 4: FINANCIAL MATTERS
  5. SECTION 5: THE GO OR NO-GO DECISION
Lesson 1, Topic 1
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MYTHS AND REALITIES OF ENTREPRENEURSHIP

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Do you really know what it means to be an entrepreneur? Here are some common myths about business ownership.

REALITY: PROPER PLANNING IS KEY I

One myth is that the majority of small businesses fail. According to the Bureau of Labor Statistics, after two years in business, the majority of startups succeed; after five years, about half fail and half succeed. Proper planning and hard work is the only way to guard against failure. You are on the right track with Simple Steps for Starting Your Business.

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