Planning a Small Business Start Up

Business Plan Coach Blog:

I have created my own Top 10 list on starting a business. Green Lights are positive indicators. Red Lights mean slow down — you are moving to fast, take some more time to evaluate. (lists are in no particular order of importance)

Green Lights - Go Into Business

1. Lack of structure
2. Thrive on challenges
3. Cope with adversity
4. Emotional stability
5. Long hours
6. Long haul
7. Clear plan
8. Resources
9. Experience
10. Aptitude

Red Lights - Good Reasons To Think Twice Before Starting Your Business

1. Desire for security
2. Prefer Routine
3. No experience
4. No plan
5. No resources
6. Technology
7. Competition
8. Industry Status
9. Financial projections
10. Your desire

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