POINTS TO CONSIDER TO START A BUSINESS

Why I want to start a business?

What will be my investment to start my own business?

What am I willing to sacrifice to start my own business?

Who is my target market and how will I reach them?

How much competition exists in my industry, and how will I differentiate myself from competitors?

What legal requirements must I fulfill to start this business?

What skills, experience or education do I need to successfully run this business?

How long will it take for my business to become profitable, and what is my financial plan until then?

What risks exist in starting this business, and how will I mitigate those risks?

Finally, am I prepared emotionally and mentally for the challenges of entrepreneurship?