| Obstacle: |
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I don't know what kind of business to start. |
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| Task: |
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Determine what skills you have and the type of activities you enjoy
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Notes
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| Task: |
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Talk with friends and associates about starting a new business
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Notes
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| Task: |
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Read a magazine for small business owners
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Notes
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| Task: |
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Attend a business trade show or exposition
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Notes
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| Task: |
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Read a book about business ideas
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Notes
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| Task: |
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Research existing businesses that are for sale
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Notes
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| Obstacle: |
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I don't know what the requirements are for starting a new business. |
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Write a business plan
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Notes |
| Task: |
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Decide the best organization structure for your business
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Notes
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| Task: |
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Understand the tax implications for starting a new business
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Notes
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| Task: |
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Determine the type of insurance coverage you will need to start a new business
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Notes
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| Task: |
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Identify the types of licenses you will need to start a new business
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Notes
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| Task: |
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Hire an accountant
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Notes
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| Task: |
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Consider hiring an attorney
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Notes
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| Task: |
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Consider the personal implications of starting a business
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Notes
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| Obstacle: |
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I don't have the money to start my own business. |
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Borrow money from friends or family
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Notes |
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Get a small business loan
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Notes |
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Find an angel or venture capital investor
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Notes |
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Get a commercial loan
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Notes |
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Get a home equity loan
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Notes |
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| Obstacle: |
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I don't have time; I have a full-time job. |
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| Task: |
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Budget your time
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Notes
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| Task: |
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Give up something in your life
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Notes
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| Task: |
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Find a business partner
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Notes
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Start your new business
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Notes |
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| Obstacle: |
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I don't have a support system. |
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| Task: |
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Contact the Small Business Association in your area
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Notes
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| Task: |
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Search the Web for small business resource centers
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Notes
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