What to consider before starting a business

Before you start your own business, consider these key questions:

  • Will becoming self-employed meet my career goals?
  • Am I willing to work long hours each day?
  • Do I have skills in a profession, trade, or hobby that can be
    converted into a business?
  • Does my idea for a business effectively use my skills and
    abilities?
  • Am I a good planner and organizer?
  • Can I make my own decisions?
  • Am I willing to postpone my plans in order to get more education,
    if necessary?
  • Does my family support my endeavor?
  • Can I afford the financial and emotional risks if the business fails?

Adapted from OOQ Article

10.5.09 Downtown by Kal Brinker

Image by Kal Brinker

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