Tips to Starting a Small Business

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Even when you are just starting the business, it is important to have an exit plan. Having an exit plan allows you to better strategically build your business. If your plan is to have your children takeover the business, then you need to start teaching and getting them involved in the business. If your plan is to sell the business, then you need to aggressively build its balance sheet.

Thinking of starting a business? To see if starting a business is right for you, ask yourself these important 10 questions. Your answers will help you determine if you have what it takes to be a business owner. These questions can also help you prepare and plan for what you will be facing as an entrepreneur.




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