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Planning a new start-up business

What steps would an entrepreneur need to take to plan for a successful launch of a new company?
1. Explain the importance of a feasibility study and a business plan.
2. Where can an entrepreneur go for funding?
3. What kind of short-range and long-range planning would be required for success?
4. Give an example of a company that started with humble beginnings and became a success due to proper planning and good management.

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Solution Summary

The document outlines the importance of feasibility study and planning for a new business.