Start by evaluating your strengths and weaknesses
1.Are you a self-starter?
It will be up to you- not someone else telling you-to develop projects, organize your time and follow through on details.
2.How well do you get along with different personalities?
Business owners need to develop working relationships with a variety of people including customers, vendors,staff,bankers,lawyers, accountants and consultants. Can you deal with a demanding client, an unreliable vendor or a cranky staff person?
3.How good are you at making decisions?
Small business owners are required to make decisions constantly, often quickly, under pressure.
4.Do you have the physical and emotional stamina to run a business?
Business ownership can be challenging, fun and exciting. But it’s also a lot of hard work. Can you face 12 hour workdays six or seven days a week?
Research indicates many business failures could have been avoided through better planning. Good organization of financials, inventory, schedules, production-can help avoid pitfalls