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Stage 2: Planning Just as architects need building plans to construct a new building, entrepreneurs need business plans to create successful businesses. Developing a business plan helps you estimate costs, identify risks, and set up risk mitigation measures. You desire to expand faster.

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The Benefits of Digital Entrepreneurship How To Become a Digital Entrepreneur Digital Entrepreneurship Examples Digital businesses include ecommerce companies, blogs, social media influencer accounts, software solution development, and marketing firms. In 2021, there were over 4.26 Step 2: Develop a winning business strategy.

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