A Product or Service
a. Are you Building a better mousetrap?
b. Are you Providing Five Star Service?
Have a Market
a. Do people need it or want your product or service? Are they willing to pay you for
b. Is there a demand for your product or service?
a. Start-up capital. You will need money to get started, remember to budget for everything your product or service will require. Things like business license and insurance can often be overlooked.
b. Have a little xtra money saved, It will take time before your new business starts turning a profit
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