Stage 1: Developing Your Product or Service

During this first stage, you work on developing your prototype product or service. Depending on your business, you may need raw materials, labor, computers, software, programming, design services, branding, consulting, a workspace, a lab, and so forth. The goal at the end of this stage is to have a product or service you can take to market, so anticipate what you will need and where it will come from.

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