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Starting a venture is an exhilarating experience full of opportunities, but before the thrill can translate into reality, it’s crucial to lay a firm foundation. One of the first steps in creating a company is documenting your venture idea, which helps clarify your concept and makes sure you have a well-thought-out plan in place. Not only does this documentation serve as a framework for your company, but it also primers you for the administrative requirements that are involved in formal business establishment. A vital aspe