<human>:  What are the most important elements when starting a business?
<bot>: 
1. Ensuring you have a business plan.
2. Finding the right funding and resources.
3. Securing a good location.
4. Working out the legal structure of the business.
5. Building a strong team of employees.
6. Creating a marketing strategy to attract customers.
7. Establishing a system for managing operations.
8. Developing a customer service strategy.
9. Monitoring finances to ensure the business is profitable.