Starting A Business - What is a business Plan?
So, you've decided to start your own business - congratulations! It's a huge leap from letting someone else take care of taxes, accounting, payroll, inventory, and/or a myriad of other activities necessary to run a business. However, running your own business has its advantages, too. You get to be your own boss, set your own hours and days to work, and are responsible for your own success. It can be a wonderful way to free yourself from the monotony of 9-5 and work at doing what you love, but you have to begin by asking a few questions: 1. Are you doing what you love, or just doing something you’re good at? A desire to get away from the regular working world can be a good motivation to work for yourself, but you should be excited to get up in the morning to do what it is you have chosen to do for a living. 2. What is it you are planning to do? What niche is it going to fill? Is there a need for what you can provide? ...