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Small Business Startup

oboloo Glossary

Small Business Startup

A small business startup is defined as a venture that is in the early stages of operations. It typically involves an innovative idea or product that has not yet been tested or put into wide-scale use. Small business startups have great potential for growth but also come with high levels of risk and require adequate planning, capital, and resources to ensure success. By utilizing all available resources and taking advantage of available funding, tax incentives, and other support systems, entrepreneurs can create an environment that fosters creativity and encourages innovation while creating financial stability and growth.

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