Store up now on management knowledge and skill, before you test yourself in the small business world. The good news is management skills can be obtained through training, work experience and the advice of a business counselor. Look at resources to help you prepare for business ownership. Opening a small business is a big risk, which does offer the potential of a significant payoff. Profit, personal control, pride of ownership and self-reliance are the potential wins of entrepreneurship.
Small businesses do succeed.
In our country small businesses generate more than half of all sales in America. If you are a risk taker, small business ownership may be for you. Plan and prepare to succeed in business. Ask yourself the following questions. If you answer yes, you have the basic qualities of an entrepreneur.