Chapter 3 How to Start and Grow a Business

DOI: 10.4324/9781003458524-3

Learning Outcomes

By the end of this chapter, you will be able to:

  • describe the steps associated with forming a business.
  • describe the business growth process.
  • identify the sacrifices and challenges associated with entrepreneurship.
  • state the fact that the success of a business lies in the process and not the results.
  • provide the personal entrepreneurial attributes essential to a business.
  • describe the skill set required by every entrepreneur to run a business.
  • describe the importance of bookkeeping and working with the right team.

Chapter Outline

  • Introduction
  • Stages in Business Formation and Growth
  • Starting with the Endgame in Mind
  • Preparatory Stage for ...

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