How to Start a Small Business

There are some important issues to consider when starting a small business.
Small businesses here in the United States currently represent over 98% of the of the labor force (Business Essentials, 2003). When starting a new business you will need a business plan and financing. You must consider the legal issues involved as well as structure, especially when dealing with a family business.
A business plan is a valuable tool to allow a business to look ahead, allocate resources, focus on key points, and prepare for problems and opportunities (Quicken Small Business, 2003). …