Molly BakerSo, you have what you think is a great idea for a small business. Before taking the plunge, there are a few key questions you should ask yourself.
Questions about your personality, your plans and your goals. Questions about your finances and your working habits. Questions about your motivation. Figuring out the answers will help you decide whether you’re ready to take the big step and launch a company, as well as see potential problems down the road. That has never been more important than now, with so many small businesses struggling and so many laid-off corporate employees looking to strike out on their own.
Here’s a look at some of the questions that entrepreneurship experts, small-business advisers and company founders urge people to ask themselves.For anyone considering a new business, Charles Sacco, assistant dean of strategic initiatives at Drexel University’s Charles D. Close School of Entrepreneurship, recommends starting at the end and defining the goals of the venture.
BEFORE STARTING A BUSINESS EVERY ONE DETERMINE TO PERFORM TO ATTAIN EXPECTED GOALS. TO CHANGE LIFE STYLE, HABITS WITH FINANCIAL, COMMERCIAL DISCIPLINE,DEDICATION TO PAY BETTER PRICE TO SUPPLIERS,SERVICES. TO DELIVER QUALITY, QUANTITY,TIMELY SUPPLY WITH REDUCED PRICE TO CONSUMERS.
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Source: WSJ - 🏆 98. / 63 Read more »