BUSINESS PLANS - Those who start their own business are often called risk-takers. While there is some degree of risk attached to being an entrepreneur, having researched the opportunity and completed a through business plan will help to reduce the risk. This allows you to consider the potential impact associated with many of the variables you may face. It will help you to make better decisions when you need to face the changes that occur along the way.
I invite you to re-visit my POST of April 2011 which also addressed the topic of Business Plans, and then add some comments regarding what RISKS seem to be the most daunting for those thinking of starting a business.
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