Question: You've got an idea for a business. Is it right for you?
So, you've come up with a great idea for a business. At least you think it's a great idea. After all, you've got a picture in your head of a smooth-running, efficient, profitable operation. It must be good...right?
Well, let's stop for a few minutes and think about some things you may not have considered before envisioning this prospective enterprise, which you imagine will become a cash-cow.
Let's focus on some basic factors about your potential business and consider some fundamental questions the answers to which should give you a better concept of whether your idea is worth pursuing as a business.