If your business is built on a truly original idea, one of the first steps you need to take is to get a legal protection of that idea. You need to consider the protection of your intellectual property early in the formation of the business.
.This seems to be a simple enough advice, yet many people make the fatal mistake of not thoroughly understanding what having a business means and the kind of work that it entails. There are a number who do not even understand the nature of the business that they are getting into.
What makes a new business succeed? Success needs more than just your best efforts, but other elements to blend in together and work in your favor. Here are 12 factors that are important in creating and building a successful start up business: