“Eight key things to consider before starting your own business”

“A Successful business requires one simple thing: PASSION”

Teresa Collins

1. You must love and feel good about what you have to offer.

2. There must be a market for what you have to offer.There must be a need among the people you sell, for what you have to offer.

3. The market should be profitable enough. There must be a scope to make profit in that market.

4. You must have the money required to start and run your business, till you start making enough profit.

5. You must be willing to put in the effort required to make your business as a success.

6. You need to have a business plan

7. You must be good at selling and negotiation.

8. You need to have some kind of backup plan, if the things doesn’t seems to go the way you like and which it always does.

“There are no secrets to success. It is the result of preparation, hardwork and learning from failure”

Colin Powell

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