In times of poor economy the need for Entrepreneurs becomes greater than ever.
When unemployment is increasing and Companies are disappearing, Income and taxes immediately become less.
Young people find it harder to follow their education into their chosen profession and suddenly the future looks bleak.
With a lot of thought and a degree of courage it is possible to develop your own business.
Taking good advice first is sensible but before doing this, try to answer these obvious questions as the beginning of your assessment:
Why do you want to set up a business?
What are your talents - be objective about your skills
Hard work isn’t enough – You must have enthusiasm and flair
Can you last the distance – consider your finances
Define your objectives clearly
How is your product or service different? Why should someone buy your product rather than something else?
Are there enough people to purchase your product? Where’s your market?
Is the market for your product expanding or will you have to take business from an established competitor?
How much will you charge and how will you justify it?
Where will you operate the business?
If this has passed through your thoughts be confident and become bold and visible.
Follow your dream and see where it leads you.
You will never regret it.
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