Business Tip: Find a mentor. Talk to people you know with experience of what you’re planning to do. Find someone to offer you support and advice along the way.

Business Tip: Write a business plan. If you’re not sure how, ask someone with a lot of business experience. A solid business plan will guide you going forward.

Business Tip: Market research allows you to understand the competition. What similar products and services are out there already? How will yours be different?

Business Tip: Talk to people within your intended market demographic and get an idea of how they would react to your product or service.

Business Tip: Identify your market. Researching the market that you are thinking of entering is essential to determine if you are on the right track.

Business Tip: Get inspired. Read the start-up stories of successful businesses on websites, in books, or at events for people starting a business.

Business Tip: Act like a start-up. Watch every coin and triple-check every expense. Keep your costs low and manage your cash flow effectively.

Business Tip: It’s important to persevere. Forget about any past mistakes and failures, and just focus on how you can be successful in the here and now.

Business Tip: Don’t try to start a business in a field in which you have no experience. First, gain some experience so that you are better prepared.

Business Tip: Research and develop conflict resolution skills. If any issues with employees emerge, be sure that they are addressed.