Open

Tip of the Day

Have Passion for Your Business
Work should be fun. Your passion will help you overcome difficult moments and persuade people to work for you and want to do business with you. Passion can't be taught. When it wanes, as it surely will in difficult times, take some quiet time. Whether it be an hour or a week, take inventory of all the reasons you started the business and why you like being your own boss. That should renew your passion. Bob Reiss

FACTORS TO CONSIDER WHEN CHOOSING A BUSINESS

 

FACTORS TO CONSIDER WHEN CHOOSING A BUSINESS

  • How much will you like the work
  • Income potential
  • Ease of entry
  • Market demand
  • Your existing know-how, contacts and reputation
  • Recession resistance
  • Start-up costs, maintenance costs and overhead
  • Long range security
  • Competition
  • Hours of work and stress level
  • Suitability to your personality

 

Share