Then you need an external financial injection

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sadiaseo12912
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Joined: Mon Dec 18, 2023 10:32 am

Then you need an external financial injection

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Look like in detail? How high is the sales and market potential? How much will your expenses be and what profit will be left? How can you grow your business in the coming years after you've founded it? A well thought out business plan should always accompany starting a business. It shows how you want to earn your money and what expenses you should expect.

For example for investments such as software and advertising. financing How can you finance your self-employment? The financial plan in your business plan should answer C Level Contact List this question. Don't see this as just an unnecessary accessory, but rather as an important basis for preparation. Because from the first day you start your business, you always have to be clear about how you will earn enough for your living expenses and expenses.

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Do a lot of calculations, think through all eventualities and get supporta. Your tax advisor can be a good point of contact for this. Many entrepreneurs try so-called bootstrapping, starting a business on their own and without outside financial resources. It is also possible to become self-employed without equity. This means: If you find that your planned start-up capital is not enough.
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