1.
Make basic decisions; then make a commitment to succeed.
The biggest reason business fail, or never get started, is inertia.
0 points - added 14 years ago by dspsfarm -
2.
Review hot opportunities; there are more now than ever.
How could you improve on the current hot opportunities?
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3.
Talk with potential customers; learn their problems.
Customers are always looking for an upgrade to every situation that could be easier or cost less.
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4.
Design your business to solve your customer's problems.
Listen to what your customers want; give it to them plus more.
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5.
Plan a market program
An important step, put it in writing.
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6.
Network with your peers; a crash course in insights.
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7.
Do your research: start with your customers, then branch out.
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8.
Talk with an attorney; use the best.
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9.
Determine resources needed by your business; be honest.
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10.
Determine resources already in your business; be honest.
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11.
Select an accountant; go first class in this area.
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12.
Project your cash needs; your accountant can help.
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13.
Write an informal business plan; formalize it later.
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14.
Get financing if necessary.
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15.
Get inspired: read and hear how others have hit it big.
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16.
Reconsider, review and re-evaluate; don't be locked in.
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17.
Pick a location: it's a wise place to spend or save.
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18.
Do your paperwork; get licenses, permits, the rest.
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19.
Cut through government red tape: get IRS Form A.
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20.
Establish a banking relationship with a bank and banker.
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