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Where do great ideas come from?
As you think about your idea consider these questions:
Aha! The great idea. Now what? Before starting out, list your reasons for wanting to go into business. Some of the most common reasons for starting a business are:
Then identify the niche your business will fill. Conduct the necessary research to answer these questions:
Consider the time it takes to run a business:
The final step before developing your plan is the pre-business checklist. You should answer these questions: What services or products will I sell? Where will I be located? What skills and experience do I bring to the business? What will I name my business? What equipment or supplies will I need? What insurance coverage will be needed? How much money, if any, will it cost to start my business? Will I need financing? What are my resources? How will I compensate myself? Your answers will help you create a focused, well-researched business plan that will serve as a blueprint. The plan will detail how the business will be operated, managed and financed. To help you generate creative ideas visit these Web sites:
After you have developed your idea, here are Web sites to keep your business moving along:
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