STARTING UP A HELPFUL GUIDE DETAILING THE STEPS TO CONSIDER WHEN LAUNCHING YOUR VERY OWN SMALL BUSINESS 1 . HAVE AN IDEA BUT NOT SURE IT’LL WORK. Thinking through the potential of an idea is an important part of starting a business. Do research and gather data that can help decide if it’ll work. CONSIDER THIS: - What are the practical realities of running my own business? - What skills and abilities should I focus on to be successful? - Does my business idea really excite me? 2 . I’VE DONE SOME PRELIMINARY RESEARCH, WHAT ELSE SHOULD I CONSIDER? Consider various types of research to make sure you have a complete picture. Conduct surveys and interviews with potential customers, gather data from public sources and research your competitors to understand the strengths and weaknesses of those selling a similar product or service. CONSIDER THIS: The types of questions you may ask will depend on the product or service. However, you should always include questions to...
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