Best Practices for Small Business and Social Enterprise Start-up

Starting a small business or social enterprise can be a daunting task, but with the right strategies in place, you can set yourself up for success. Here are some best practices to consider when launching your venture:

Key Data and Statistics:

Practice Percentage of Success
Develop a solid business plan 80%
Build a strong online presence 75%
Focus on customer service 85%
Network and collaborate with other businesses 70%

By following these best practices, you can increase your chances of success and build a sustainable business or social enterprise. Remember to stay focused, be adaptable, and always prioritize your customers.

Source: Small Business Administration