Ever thought about runnning your own business? Here are 15 components you should consider before endeaving into any business venture.
1. The business must sell to the masses.
2. The business must fullfill a fundamentla need for many people.
3. Must be low risk
4. Provide the opportunity for ongoing passive income
5. Require a low start component
6. Have a stable growing long demand
7. Have low overhead cost
8. Have a low start-up cost
9. Have a unique quality making it difficult for competitors to copy
10. Have positive cash flow and low inventory costs
11. Have high profit margins and rates of return
12. Have minimum government regulation
13. Be portable, be able to go from one place of opperation to another
14. Be FUN, challenging, and satisfying for busines owners
15. Provide an opportunity to uncover other money making oppurtunities
