There are varying factors that make a successful Startup which include, but are not limited to, a great team, funding, business model, product development, marketing, and a sales funnel.
Business Ethics and Corporate Social Responsibility (CSR) also play a huge part in the success of a Startup venture. Contrary to popular belief, Business Ethics and CSR are not only vital in large businesses/corporations; they are equally vital in Startups.
When launching a Startup, it is vital to incorporate Business Ethics and CSR at an early stage, particularly in the business plan. In this short guide, we delve into the importance of these concepts to Startups.