Advantages and Disadvantages of a Start-Up BusinessWhat is a start-up business? A business is considered a start-up if an entrepreneur begins a business based on a unique idea and takes it all the way from the planning stage to actually running the business. The business is usually thought of as still in the start-up stage until it begins to produce sufficient revenue or sales to cover the cost of supplies and operating costs.
Here are the advantages and disadvantages of a start-up business.
If you do decide to start your own business be prepared to wait 12 months to see a profit. If you are in a position to do this, then starting your own business can be very rewarding.
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