A entrepreneur needs to identify gaps in the market and a need for a product they can do this by using market research
when they are confident with their business idea they than write a business plan which describes the aims and the main objectives and how they will be achieved
Than they need to decide what form of legalownership will it be registered as, entrepreneurs of small set up businesses often set up as a sole trader
The entrepreneur needs to raise money and acquire all other resources that they need to get the business running such as staff, equipment, and raw materials ETC
Businesses can be set up via online examples include- ETSY, EBAY AND ASOS