Question

What are six resources for helping you decide which type of business to start and how to start it

Answer 1

Six resources that help you decide the type of business and on how to start it

1. Financial resources - Not only for investment into the business, also for worst case scenarios.

2. Human resources - Quantity and quality of the employees.

3. Educational resources - The background of the entrepreneur plays a major role in understanding of the business area.

4. Physical resources - The office setup and infrastructure.

5. Emotional resources - Starting a business will need great level of commitment and can be stressful. Should be prepared to face them.

6. Online resources - Today every is found online and marketed online. Understanding and making use of it will have a great impact in the business.