Questions

Imagine you are considering starting your own business or owning a franchise.

1. What kinds of products or services will you offer?

2. What talents or skills do you need to run the business?

3. Do you have all the skills and resources to start the business, or will you need to find one or more partners? If so, what skills would your partners need to have?

4. What form of business ownership would you choose - sole proprietorship, partnership, C corporation, S corporation or LLC? If you chose to own a franchise, which one would you chose? What are some ways that you can stay successful?

Answer in your own words