Where Business Begins in Iowa

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What it Takes to Start a Business

Ideas are everywhere. Successful entrepreneurs know that not every idea is a good business opportunity. Before you bet the ranch on your idea, take the time to research who will buy your product or service and what competition you will face.

U.S. Small Business AdministrationThe Small Business Administration (SBA) offers resources to help you learn about  what it takes to start a business.   

SBA's 10 Steps to starting a business will help you plan, prepare and manage your business.

You may consider the pros and cons of buying an existing business.  This opportunity may be less risky than starting your own business from scratch but you still need to perform due diligence before making the commitment. 

Some prospective business owners may consider buying a franchise.  Check out the consumer guide on buying a franchise if considering this route.