Chapter 13

Assessing Your Appetite for Small Business

In This Chapter

arrow Knowing what it takes to be a successful entrepreneur

arrow Exploring alternatives to starting your own company

arrow Looking at small-business investment options

arrow Mapping out your small-business plans

Many people dream about running their own companies — and for good reason. If you start your own business, you can pursue something that you’re passionate about, and you have more control over how you do things. Plus, successful business owners can reap major economic bounties.

warning.eps But tales of entrepreneurs becoming multimillionaires focus attention on the financial rewards without revealing the business and personal challenges and costs associated with being in charge. Consider what your company has to do well to survive and succeed in the competitive business world:

  • Develop products and services that customers will purchase
  • Price your offerings properly and promote them
  • Deal with the competition
  • Manage the accounting
  • Interpret ...

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