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Author(s): |
Hans E. Hanson, Linda A. Boelter |
"A business of my own” is a magical phrase. It haunts, intrigues, inspires, motivates, and challenges many people. Owning your own business can be very rewarding. It brings independence and allows you to do something you enjoy, in your own way.
But along with the benefits come certain risks and the possibility of losses. If you are thinking of starting a business, first decide what you are going to risk and how much you are willing to lose. This fact sheet offers ways to assess that risk, tips for writing your business plan, and other resources.