The smart way to start a business

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Common mistakes made by young entrepreneurs

Mistakes happen.

Starting a new business is often not that easy as it may seem at first sight. The biggest mistakes new business owners make are stated below:

  • Many entrepreneurs forget to do a market research. This can be disastrous for them. Only having a great idea does not mean that a business will be successful.
  • Some young entrpreneurs think that a business plan is not neccessary. That is maybe true in a single case, but usually business plans helps entrepreneurs to avoid several problems.
  • It is mostly an illusion to believe that everything can be done without other people’s help. A network of colleagues and professionals is a must-have to help you out in tough times.
  • Success does not come by itself: Everyone has to work hard and believe in his idea.  Usually, an entrepreneur does not make profit in the first year. For this reason, it is important to have enough resources.

Preferably you establish or convert your company with STARTUPS.CH. STARTUPS.CH will provide you with professional guidance before and after the foundation.

Here you will be able to apply for a counselling interview and to request free documentation.

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