Chapter 1

Is Small Business for You?

In This Chapter

arrow Understanding the role of small business

arrow Determining whether you have what it takes to successfully run a small business

arrow Reviewing the reasons to own (and not to own) a small business

arrow Identifying alternatives to starting a business

An old friend of ours, who has been a small-business owner for more years than most of us have been alive, says, “Small business is a place where you can take your dog to the office whenever you choose.” That’s one way of looking at it, but we offer several other viewpoints as well.

Owning and running a small business can be rewarding — personally and financially — but only if you have what it takes to succeed. This chapter gives you all the know-how you need to be sure that you’re making the right decision. In it, we pose a set of 20 questions to ask yourself about your skills, talents, and abilities. If you’re honest with yourself — don’t worry, there are no right or wrong answers — this test can give you the information you need to determine whether running a small business is the right move for you. ...

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