101 TIPS ON STARTING A SELF HOME BUSINESS
Each week thousands of Americans make the decision to start their own business. By choosing to launch your empire from home, you eliminate costly overhead for the outside space and you can test the waters of having a business on a part-time basis, before taking the full-time plunge. Consider these 101 questions and answers to help avoid some of the pitfalls associated with new business startups. 1. How do I know if I have a good idea for a business? The Small Business Administration (SBA) has put together 3 criteria for a successful business. You should be able to answer “yes” to at least one of the following: Does the product/service business serve a presently unserved need? Does the product/service serve an existing market in which demand exceeds supply? Can the product/service successfully compete with existing businesses catering to the same market niche? 2. Should I write a business plan? A business plan helps one to organize all aspects of running the venture. It will help you ...