1.

Preliminary Steps:
Starting a business requires careful planning and preparation. Here are some preliminary
steps you should consider:

1. Identify Your Business Idea: Identify a business idea that aligns with your skills,
interests, and experience. Research your target market and determine if there is a
demand for your product or service.
2. Conduct Market Research: Conduct market research to determine the feasibility of
your business idea. Research your competition, target audience, and industry trends.
3. Create a Business Plan: Create a comprehensive business plan that includes your
mission statement, marketing strategy, financial projections, and operational details.
4. Determine Your Business Structure: Decide on the legal structure of your business,
such as sole proprietorship, partnership, or corporation.
5. Register Your Business: Register your business name and obtain any necessary
licenses and permits from the relevant authorities.
6. Secure Financing: Determine how you will finance your business, whether through
personal savings, loans, or investments.
7. Set Up Your Business Operations: Establish your business location, purchase
equipment and supplies, and hire employees (if necessary).
8. Launch Your Business: Launch your business and begin marketing your products or
services to your target audience.

Remember that starting a business requires hard work, dedication, and perseverance. By
taking the time to carefully plan and prepare, you can increase your chances of success.

2. The roadmap:
1. Direction: Choose your business topic and define your audience

2. Connection: Leverage community tools for support, friendship and accountability

3. Planning: Define the problem and create a smart plan for your business

4. Set Up: Name, establish and launch your business

5. Audience: Choose an audience channel and grow your audience base

6. Product: Plan and build your first small product to test your audience's interest

7. Money: Launch your product and grow revenue to support yourself

8. Growth: A growth cycle to increase reach and revenue

9. Scale: Rapidly accelerate your business growth, make it last.

3.Business Plan:
A business plan is a comprehensive document that outlines the objectives, strategies,
and operations of a new or existing business. It typically includes details about the
company's products or services, target market, competition, marketing and sales
strategies, management structure, financial projections, and more. Here are the key
elements that should be included in a detailed business plan:

1. Executive Summary: This section should provide a brief overview of the entire
business plan, including the company's mission statement, products or
services, target market, competition, and financial projections. It should be
concise and compelling enough to entice investors or lenders to read further.
2. Company Description: This section should provide a more detailed description
of the company, including its history, legal structure, location, and
management team.
3. Products or Services: This section should describe the products or services that
the company will offer, including any unique features or competitive
advantages. It should also explain how the company plans to develop and
improve its offerings over time.
4. Market Analysis: This section should provide a detailed analysis of the target
market, including demographic data, consumer behavior, and competitive
landscape. It should also identify any potential barriers to entry or growth in
the market.
5. Marketing and Sales Strategies: This section should describe the company's
marketing and sales strategies, including advertising, promotions, and pricing.
It should also explain how the company plans to reach and engage its target
audience.
6. Management and Organization: This section should describe the company's
management structure, including key personnel and their roles and
responsibilities. It should also explain how the company plans to recruit and
retain top talent.
7. Financial Projections: This section should include detailed financial projections,
including revenue and expense forecasts, cash flow statements, and balance
sheets. It should also explain the assumptions and methodologies used to
develop these projections.
8. Funding Requirements: This section should describe the company's funding
requirements, including how much capital is needed and how it will be used. It
should also explain the company's plans for raising capital, such as through
equity or debt financing.
9. Appendix: This section should include any additional information or
supporting documents, such as market research studies, product
specifications, or legal documents.
A detailed business plan should be well-researched, data-driven, and clearly written.
It should provide a realistic and compelling vision for the company's future, while
also addressing potential challenges and risks.

3.Procedures For Starting a Business:

4.Act Governing Business in Bangladesh:

i. Partnership Act 1932: This act governs the formation, operation, and dissolution of
partnerships in Bangladesh. It defines the rights and obligations of partners, the
management of the partnership, and the distribution of profits and losses.

ii. Companies Act 1994: This act governs the registration, operation, and winding up
of companies in Bangladesh. It sets out the rules for the management and
administration of companies, including their structure, governance, and compliance
requirements.

iii. The Bangladesh Industrial Enterprises (Nationalization) Order 1972: This order
provides for the nationalization of industrial enterprises in Bangladesh. It sets out the
rules and procedures for the acquisition, management, and disposal of nationalized
enterprises.

iv. Securities and Exchange Order 1969: This order regulates the securities market in
Bangladesh. It sets out the rules for the registration, issuance, and trading of
securities, and the responsibilities of intermediaries such as stockbrokers,
underwriters, and investment bankers.

v. Banking Companies Act 1991: This act regulates the banking industry in
Bangladesh. It sets out the rules for the establishment, management, and operation
of banking companies, including their capital requirements, governance, and
compliance requirements.

vi. Law of Insurance 1938: This law regulates the insurance industry in Bangladesh. It
sets out the rules for the establishment, management, and operation of insurance
companies, including their capital requirements, governance, and compliance
requirements.

vii. Cooperative Society Act 1984: This act governs the formation, operation, and
management of cooperative societies in Bangladesh. It sets out the rules for the
membership, governance, and management of cooperatives, and the distribution of
profits and losses.

These acts and orders play a critical role in regulating various aspects of business and
commerce in Bangladesh. Businesses operating in Bangladesh are required to
comply with these regulations to ensure their operations are legal and sustainable.