
Business Start-Up
A business start-up refers to the initial phase of creating a new company or organization. It involves developing a business idea, planning, securing funding, and launching products or services into the market. Entrepreneurs identify opportunities, conduct market research, and create a business plan that outlines their goals, target customers, and strategy for growth. This phase can include registering the business, building a brand, and marketing to attract customers. Start-ups face challenges such as competition and financial risk, but they also offer the potential for innovation and economic growth.