Human: I want to start a new business. What do I need to know? Assistant: 
You will need to have a clear understanding of your target customer, their needs and the market you are entering. Additionally, research into current trends in the industry and potential competitors is essential. It's also important to develop an effective marketing strategy that includes identifying the right channels for reaching customers and creating content they can easily access. Finally, having a well-defined financial plan and budgeting system will help ensure success.