10 Questions Before You Start a Business

  1. How much cash will I have at risk?
  2. How much time will it consume?
  3. How much energy will it take?
  4. Do I currently have other obligations that will prevent me from giving the business 100 percent?
  5. Would there be a much better time for me to start a business other than now?
  6. What are my alternatives if I don’t start a business now?
  7. What are the chances of success?
  8. Can I test-run the business part-time before quitting my job?
  9. Should I choose between a higher-risk or lower-risk businesses?
  10. Suppose my business provides less income than I expected. How long should I stick with it?