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The 5 Stages of Entrepreneurship

Hubspot Sales

After an initial brainstorming session, you’ll need to narrow your scope and focus on one idea. GitHub , an internet hosting service for software development, is an example of a business that scaled fast , thanks to external funding. Instead, obsessively track your margins and brainstorm ways to increase them.

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How to Start a Business: A Complete Guide for Startup Entrepreneurs

Hubspot Sales

Brainstorming business names? The Internet will continue to be a competitor, as artists use websites to buy familiar products. C corporations are subject to double taxation – so any profit a C corporation makes is taxed to the corporation when earned, and then is taxed to the shareholders when distributed as dividends.

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