It doesn’t matter what YOU think of your new business idea

OK, most of us have harboured visions of some great business idea at some point or other. Maybe your mature years are the prefect time to get your ideas into action. Now, if you’ve read the article on BUYING a business, many of the same pitfalls apply here.

Perhaps one of the biggest mistakes we’ve seen over the years is that people tend to ‘fall in love’. Not with their life partner. But with their business idea. In truth, it doesn’t matter what YOU think of your idea, it only matters what THE MARKETPLACE thinks!

And once you’ve got past that, there’s a whole shopping list of things you need to do to set up a business. This is one area in which the government websites are incredibly valuable. And other organisations like the Business Enterprise Centres too.

Here are some useful links:

http://www.business.gov.au/Information/pages/Startingyourbusinesschecklistcontents.aspx

http://www.business.gov.au/Howtoguides/Thinkingofstartingabusiness/pages/default.aspx

http://www.becaustralia.org.au/

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