Good Idea!
Now start creating your business plan and building a team.
You’re ready to launch your own business. Congratulations!
Having your own business has obvious appeal, one reason there are over 20 million single-person businesses in the United States, according to a recent U.S. Census report. What’s more, with the right idea plus discipline, determination and fearlessness — mixed with a dash of luck – you can make it happen.
The key to getting started is a solid business plan. Outline your idea in real terms. Be clear about the reason you want to launch your venture. Is your goal to make a living? To fulfill a long-held dream? To build something valuable that you can sell later on? Whatever your reason (or reasons) for taking on this risk, include it (or them) in your plan.
To launch properly, the right help is a vital ingredient. Create a professional team that includes your:
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- Accountant
- Lawyer
- Banker
- Insurance representative