Business Tip: Research the different types of business ownership models there are available, and which will be best for you, eg. a partnership.

Business Tip: Listen to the advice of experienced business-owners and entrepreneurs.

Business Tip: Get your family on board. Ask for their support. They should know that this will be a challenge financially and emotionally.

Business Tip: Find the right investors. Your investors need to share your passion and vision for the future of the business.

Business Tip: Find a mentor. Talk to people you know with experience of what you’re planning to do. Find someone to offer you support and advice along the way.

Business Tip: Write a business plan. If you’re not sure how, ask someone with a lot of business experience. A solid business plan will guide you going forward.

Business Tip: Market research allows you to understand the competition. What similar products and services are out there already? How will yours be different?

Business Tip: Talk to people within your intended market demographic and get an idea of how they would react to your product or service.

Business Tip: Identify your market. Researching the market that you are thinking of entering is essential to determine if you are on the right track.

Business Tip: Get inspired. Read the start-up stories of successful businesses on websites, in books, or at events for people starting a business.