Frequently Asked Questions About Starting A New Business
1.Do I have what it takes to own/manage a small
business?
2.What business should I choose?
3.What is a business plan and why do I need one?
4.What legal aspects do I need to consider?
5.What do I need to succeed in a business?
6.Would a partner(s) make it easier to be
successful?
7.How can I find qualified employees?
8.How do I set wage levels?
9.What other financial responsibilities do I
have for employees?
10.What kind of security measures must I take?
11.Should I hire family members to work for me?
12.Do I need a computer?
13.What about telecommunications?
14.How much money do I need to get started?
15.What are the alternatives in financing a
business?
16.What do I have to do to get a loan?
17.What kind of profits can I expect?
18.What should I know about accounting and
bookkeeping?
19.How do I set up the right record-keeping
system?
20.What financial statements will I need?
21.What does marketing involve?
22.What is my market potential?
23.What about advertising?
24.How do I set price levels?
25.Are some locations better than others?
26.Is it better to lease or buy the store (plant)
& equipment?
27.Can I operate a business from my home?
28.How do I find out about
suppliers/manufacturers/distributors?
29.Where can I go for help?
30.What do I do when I'm ready?