Exploring Small Business is designed to assist the potential entrepreneur in deciding whether owning a business is the right decision by providing a realistic introduction to business ownership. The manual includes an overview of the challenges and financial commitment needed for business start-up, and a self-assessment component to help you analyze your personal background, behavior patterns and lifestyle in comparison to those of successful small business owners.
This resource guide provides answers to the following questions:
- What are the realities and the pros and cons of self-employment?
- Do I have what it takes to be a business owner?
- What type of business should I (or shouldn’t I) start?
- What is a business plan and what do potential funders want to see in it?
- What is the expected level of personal participation and potential risks?
Valuable information on conducting and interpreting market research, the importance of business planning, and understanding credit is included. In addition the manual contains sample forms, a complete glossary of terms, and Internet and library small business resources.
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