Reader Ana Maria Lecours is pretty confident about her cooking.
But she's not sure how to translate her weekend meal deliveries
into Ana's Kitchen, the small business she hopes to open
ultimately.
The number of women-owned businesses in this country continues
to grow at twice the rate of other businesses. So if you're
thinking about starting your own business, here are a few basic
things to consider:
1.The type of business: If, like Ana Maria, you love cooking,
then would you want to own a catering company? Are you dedicated
and passionate about what you love?
2.The name of your company and the location.
3.Financial needs: What can you afford to invest from your own
savings versus what you need to borrow?
4.Employees: Will you need to hire a staff?
5.Equipment and office rental: How much equipment do you need
to get started? Do you need to rent an office space?
6.Business ownership: Do you want to run the business
yourself, partner with someone or form an S or C corporation?
You'll want to run each option by an accountant or financial
advisor, to work out the best choice for you.
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