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Subject of discussion 4 
Setting up a new business requires hard work 
from the business founders and presidents. In 
your opinion, what things they should consider 
before setting up a new business?
Market and 
market 
demand 
Financing / 
capital 
Knowledge / 
expertise 
Competition 
Location 
Staff – human 
power 
Law, rules
Assessing market demand 
Market demand 
a 
b 
c 
d 
e
Market research
Bank loans 
Relationship
Working 
style
Good price
Preparing human resources 
Creating a list of 
necessary 
departments and 
estimate the suitable 
numbers of 
employees 
Employing 
disciplined people, 
train professional 
employees and give 
them advantages 
working 
environment 
Giving technical 
requirements 
to each position
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