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A solid business model is essential for starting a company in Germany, as it describes how a business can achieve long-term economic success. It includes the structure of revenue sources, the customer segment, the value propositions, and the infrastructure, and it helps to convince investors and partners of the business idea.
A business idea forms the foundation of every successful company formation. In Germany, the market offers numerous opportunities for innovative ideas that address the specific needs of target groups. A viable business idea is characterized by a clear unique selling proposition and addresses existing problems or new trends. Successful concepts often arise from a clever combination of local demand and international market approaches.
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