So You Want to Start Your Own Business

DiCamillo, Loretta, Journal of Family and Consumer Sciences

Starting a small business can be risky, but if you have the drive and determination and a good deal of common sense, you can fulfill your dream of "being your own boss." Have you heard the saying, "Businesses don't plan to fail, they fail to plan." According to the Small Business Administration, only 50% of small businesses survive their first year of operation and by the tenth year, between 80 and 90% have failed. Success depends on your awareness and knowledge of the basic requirements of starting and running a business. Begin by questioning yourself, do I have what it takes to start a business? What kind of business do I want to start and do I have relevant experience in that area? …

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Publication information: Article title: So You Want to Start Your Own Business. Contributors: DiCamillo, Loretta - Author. Journal title: Journal of Family and Consumer Sciences. Volume: 92. Issue: 5 Publication date: January 1, 2000. Page number: 92. © American Association of Family & Consumer Sciences Apr 2008. Provided by ProQuest LLC. All Rights Reserved.

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