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Business concept and financing

What is a business concept?

A business concept describes and clearly defines a new idea for a business initiative, whether that be creating a new company or producing a new product for the consumer market. A successful business concept lays out the groundwork for why you have created the idea, what it can solve, who the demographic is and whether it's beneficial enough to invest in it.

An important component of a business concept is the business model, which details the finances of the concept and how to make it profitable. No matter the business concept, it's essential to outline the framework for revenue growth, like how much the product or service might cost and the necessary resources to ensure that it's financially successful.

Business concept step by step

STEP 1: FIND THE RIGHT BUSINESS IDEA

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START-UP TOPICS

TOPIC 1: Your own Competences and attitudes

The right basic attitude is one of the most important requirements for a successful start-up.

Show details of TOPIC 1: Your own Competences and attitudes

TOPIC 3: Offers, competitors and customers

Knowledge products, services you want to offer and difference from those of your competitors

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TOPIC 4: Sales and advertising

Advertising is absolutely necessary, preferably with a targeted strategy, always.

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TOPIC 5: Leadership skills and organisation

To lead and motivate as well as good organisation are skills you should learn to master

Show details of TOPIC 5: Leadership skills and organisation

Courses in the field of Business concept and financing

Basics of Starting a business 1

The first building block covered in this course is the business idea.

Show details of Basics of Starting a business 1

Basics for Starting a business 2

This course covers a lot about Entrepreneurship.

Show details of Basics for Starting a business 2
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