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Identify a problem to solve or a need to fulfill: Look for gaps in the market and find a problem that your business can solve or a need that it can fulfill. Conduct market research: Research your target audience, competitors, and industry trends. This will help you determine the feasibility of your business idea and develop a solid business plan. Develop a business plan: A business plan outlines your vision, mission, strategies, and financial projections. It also helps you identify potential challenges and how to overcome them.
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