What are the most-asked questions about small business?

[Samanta]

What are the most-asked questions about small business?

[James Lavud]

1. Do I have what it takes to own/manage a small business?

2. What business should I choose?

3. What is a business plan and why do I need one?

4. Why do I need to define my business in detail?

5. What legal aspects do I need to consider?

6. What do I need to succeed in a business?

7. Would a partner(s) make it easier to be successful?

8. How can I hire qualified employees?

9. How do I set wage levels?

10. What other financial responsibilities do I have for employees?

11. What kind of security measures must I take?

12. Should I hire family members to work for me?

13. Do I need a computer?

14. What about telecommunications?

15. How much money do I need to get started?

16. What are the alternatives in financing a business?

17. What do I have to do to get a loan?

18. What kind of profits can I expect?

19. What should I know about accounting and bookkeeping?

20. What financial statements will I need?

21. What does marketing involve?

22. What is my market potential?

23. What about advertising/promotion?

24. How do I set price levels?

25. Are some locations better than others?

26. Is it better to lease or buy the store (plant) and equipment?

27. Can I operate a business from my home?

28. How do I find out about suppliers/manufacturers/ distributors?

29. Where can I go for help?