Business basics to remember when starting up

Section 1: Introduction
In last five years, the number of small businesses cropping up has witnessed a remarkable surge across various industries. Individuals are desiring more to take control of their professional lives and become entrepreneur with their innovative ideas. However, many of these start-ups enter the business world without a solid grasp of the basics of running a business.
For any startup, the main factors to focus are longevity and success. A good understanding of foundational el