What is the best plan to start a business
by 
dhananjoy_roy
ANSWERS: 4
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Competition - similar businesses Availability - in your area Market - do you have a sellable product Costing - to set up Profit - will it be viable Advertising ,Marketing - selling your product
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HAVE CAPITAL BACKUP. Like, if you have $20 to put into the business, make sure you have that or more as backup. Because if you are going to be buying stock, you will still need to cover your basic expenses like lights and water and rent etc. And then you will have to pay for your stock on top of your running expenses. (Yes, I've done this before, and I did it the wrong way and I learnt my lesson.)
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opening a business under an lLC it protects your personal assets and i have ann LLC and i was frustrated till i hired legal assistants to help me with forming an LLC at fbnusa.com try it or call them 310-455-6675
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Write a business plan is the first step. Have at least 6 months backup $$ in reserve. Then wait for a while until the economy improves. A lot of small business people are struggling to make it at this time.
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