People often ask for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables!

However, there are things that every business needs to do to get off the ground. So, here are the eight key steps you need to take to start your own business. Just remember, be flexible. Every business is unique and you may need to refine this list as you go.

 

1. Conduct a personal evaluation

2. Analyze your industry

3. Evaluate your target audience

4. Set up your business

5. Start the planning process

6. Have a plan for funding

7. Set up your space

8. Prepare for trial and error

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