as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what are some things one should consider before starting a business?
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some things to consider before starting a business include assessing the market and its needs, conducting cost analyses, having a solid business plan, and finding suitable sources of funding. furthermore, it's important to determine the legal aspects involved in opening the business, such as considering registration, taxation, licensing, and insurance.
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