Thoughts For Success By: D.L. Owens

Thoughts For Success By: D.L. Owens

Yesterday we started with the first set of ten questions for you to answer to help determine if your inclined to become an entrepreneur. Here are the remaining ten questions.

11) Do you know the mechanics and forms of running a business (tax records,payroll records, income statements, balance sheets)?

12) Is there a need in your geographic region for the product or service you are intending to market?

13) Do you have skills in marketing and/or finance?

14) Are other firms in your industrial classification doing well in your geographic region?

15) Do you have a location in mind for your business?

16) Do you have enough financial backing for the first year of operation?

17) Do you have enough money to fund the start-up of your business or have access to it through family or friends?

18) Do you have the suppliers necessary for your business to succeed?

19) Do you know individuals who have the talents and expertise you lack?

20) Do you really wnat to start this business more than anything else?

Remember if the majority of your answerrs are yes, then you need to think about how to get your thoughts down in writting and move to start your business venture! Thoughts for success!

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