Having made the decision to work for yourself, be your own boss, and create a new lifestyle, you’re not quite sure how. You have a number of choices…
… start up your own business; but with the economic climate still turbulent and lenders more cautious, anyone considering starting a new business needs to have a very robust proposition.
… buy an existing business – this is seen as an attractive option by many as someone else has overcome the initial teething problems and built a customer base – but there still remains the overriding fear that you will be on your own with no one to turn to for support, particularly during the difficult times.
The challenges of starting a business and keeping it going cannot be underestimated and many do fail even in a buoyant economy. The hurdles can be substantial and the ability to get a business up to speed, making profit and supporting you is not achieved by many.