Most people go into business to make money! Some people go into business for others to make money (charity). The bottom line is, your business needs to make money someone to benefit. This takes planning and lots of it.
Get your business out of your head and on paper.
What is your business?
How much money do you need to start?
How much money will the business generate?
How much money will it cost to keep the business running?
Will the income take care of the expenses?
Your Business Plan
You will see right away if your business has the potential to fail or prosper
You will be able to secure loans and or investors if you can show a profitable business
You will have peace of mind that you are on the right track with your business
The Small Business Resource is a great place to start for anyone thinking of starting a business. Start your business plan here.