The process demonstrates the certain steps of building a personal business of a popular business company. At the first glance, we can see the process contains eleven steps, starting with devising a business idea and ending with creating a committee.
The first step involves market research which is about conducting surveys to succeed entrepreneurs regarding the new business idea. After that, the S.M.A.R.T planning system is planned that conveys certain business objectives in order to create the KPI system. The completed framework is registered to select the special legal structure. The next step is counting potential costs and making deals with funds and investments for at least $10.000.
Subsequently, the output is directed to placement in the area of 160 m2 near the residential area. Then, the team is established consisting of at least 10 people. Following this, there are opening and attracting events and promoting processes on at least 5 well known platforms. The final action of a new business is forming a committee that involves to suggest new strategies and further growing operations.
