Step 1: Evaluate Your Business Idea
Take the time to find out if your idea is viable. Who will buy your product or service? What’s happening in your industry?
Good business planning keeps you focused, and can be the difference between failure and success.
You’ll need to go through several steps to make sure your business can operate legally.
Now that you’ve completed your business plan and have a good sense of what you new venture will cost, you’ll want to do your research and consider carefully how you financing your project.
Is working out of your home or garage the legal and right thing for you? Is a co-working space a viable option? Do I need a brick and mortar facility?