It takes more than just a good idea to start a business
It takes more than just a good idea to start a business. Commitment and dedication are also key factors because getting your idea off the ground can often involve long hours and many sacrifices – well worth it if you are passionate about your business. Do you have the discipline and motivation to keep going when times are tough?
You need to have good business management skills to keep the business running – especially since, according to the Australian Bureau of Statistics, many new enterprises fail within their first five years of operation!
These are just some of the things you need to consider;