Discover if you are ready to own a business

1. You know what you’re stepping into

It is vital that you don’t take a step towards owning a small business without knowing what you’re getting into. Know how much commitment it takes; how much time, effort and money you will need.

 

2. You’ve done your research

Researched the topic to death. And research again!   How to start a business and researched about your product.

 

3. You’re aware of the market

There has to be a good, viable market for the products or services that you’re planning to offer. Timing  has to be right and there’s a demand.

 

4. Your friends and family believe in you

Support of your friends and family are invaluable.

 

5. You’ve got the rebel in you

Do you find that being a cog in corporate machinery restraining?  Then entrepreneurship might just be for you.

 

6. You know you’ll need help

You’re aware from the beginning that you might need help . You acknowledge that there might be things you’re good at and tasks you just can’t accomplish.

 

PS – For additional information on owning a business or to see what is currently available in Calgary and area,  contact Ken Wither at Acuity Business Group 

 

Small Business owner checklist (excerpt from Hotfrog article Nov 2015)