Date post: | 03-Jul-2015 |
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Subject of discussion 4
Setting up a new business requires hard workfrom the business founders and presidents. Inyour opinion, what things they should considerbefore setting up a new business?
Market and market
demandFinancing /
capital
Knowledge / expertise
Competition
Location
Law, rules
Staff – human power
Preparing human resourcesCreating a list of necessary departments and estimate the suitable numbers of employees
Employing disciplined people, train professional employees and give them advantages working environment
Giving technical requirements to each position