Read more: http://www.cfagbata.com/4-steps-to-starting-a-small-business-and-to-becoming-your-own-boss/ Starting a Small Business should be done with diligence and careful planning. Starting a small business or a big business requires that you become motivated (and remain), determined and should have the sufficient knowledge in the proposed business so as to succeed. Anything less than this, then you are in the process of starting a small business with relatively high risk.

1. 4 Steps to Starting a Small Business
and to Becoming your Own Boss
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2. Starting a Small Business
• Should be done with diligence and careful planning.
• Requires motivation and determination.
• Should possess sufficient knowledge in the proposed business.
• Eliminate the risk factors.
• These essential characteristics and adequate money as capital are
required for starting your business.
• Before starting a business consider the following:
a) Know the right Business for you
b) Create a Business Plan
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4. Meet CFA
• Chief Encouragement Officer of CFA Leverage
(Digital Marketing Consultants)
• Entrepreneur, Public Speaker and Author
• Founder, www.CFAgbata.com
My mantra is Conditioned for
Accomplishments
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5. Know the right Business for you
• Find the right business that suit your needs.
• The ultimate goal is a business that gives you good income.
• Good income is needed to sustain all your basics needs and
lifestyle.
• All of this is very vital to your goal.
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7. Create a Business Plan
• Find the right business that suit your needs.
• The ultimate goal is a business that gives you good income.
• Good income is needed to sustain all your basics needs and
lifestyle.
• All of this is very vital to your goal.
• The first 3 months is a crucial time in determining if you will
succeed or not.
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9. 4 steps to starting a small business
These steps become your master plan in creating your presence in the
business world.
1. Get the Capital You Need .
2. Name is Vital.
3. Business Structure.
4. Set-up a Good Accounting System.
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11. 1.Get the Capital You Need
• Every business requires the right capital.
• Finding that capital is important.
• Every business has a different start-up need, and funds can be
different for everyone also.
• Every business is different has its own requirement of capital.
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13. 2. Name is Vital
• A business name is essential.
• It will be the one that will set your business apart.
• The name must convey what you want your customers to know.
• Explanatory about your service and products.
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15. 3.Business Structure
• Structure is important and must not be set aside.
• A corporation, single or sole proprietorship and partnership have a
different taxes and liability that all future entrepreneurs must
know.
• Research the pros and cons of each business structure.
• Then decide the right one for you.
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17. 4.Set-up a Good Accounting System
• Many companies and business owners, particularly those in the
sole proprietorship and partnership failed in their businesses
because of a bad accounting system.
• There is need to separate the personal and business aspect of their
finances.
• Research and set up the accounting system favorable for your
business.
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19. Keep In Touch
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20. Please let me know if you learnt
something or have implemented any
strategy after reading Steps to Starting a
Small Business.

21. Thank You