Do you have the “right stuff” to open a small business?
What business is all about:
There are countless answers to this question. They are all moot unless you
turn a profit. You may have a great idea, want to serve people and have happy
customers, write the next great American novel or develop a new creation
in whatever your present field of expertise is, but your plan must end with
a profit. Otherwise, it is a hobby at best or a catastrophic financial loss
Petkovsek & Moran, LLP helps you quantify your ideas so you can proceed with
a plan designed for financial success.
Why you are doing it:
There are right and wrong reasons for launching a business. Having a passion
is a great beginning; however, identifying a need in the market that no other
company is filling helps a lot too! Any business you start requires a long
term perspective and demands a commitment to success. Simply disliking your
present job or irritation with management/boss generally will not provide
you with fortitude you’ll need to meet all of the challenges of a business
How to determine if you should be a business owner:
The first step is quantifying what you must do to be successful, the risks
and the rewards.
The Petkovsek & Moran, LLP team can provide the perspective and experience
you need in assessing an opportunity and putting the entire picture into focus.
Are you ready for running you business? The best first step is to actually
define the challenge and assess if it a reasonable option to pursue. This decision
affects not only your work life, but your family and your lifestyle. It should
not be taken lightly.