How do you start a business?
Playing mother bird to a fledgling business isn’t easy. Where do you start? While wikiHow is tempting as always, of course there’s much more to the process than a barebones outline can define. Yes, you’ll need a product or service to provide, as well as a business plan and an operational plan.
But what other factors make the difference? How do you nurture a business well enough to get it off the ground? Like parenting, how do you know if you’re approaching it right?
One place to start is advice from people who’ve been where you are. Small-business owners know full well the hurdles you and your business face when starting out. What better place to learn about what to expect and how you can prepare ahead of time?
In this article for South Carolina Manufacturing, KTM co-founder Paul Kumler shares his experience starting a small business, along with five pieces of advice for all those brave enough to take the daunting path of entrepreneurship. His optimistic reminder is that even though it’s difficult, running a successful business is possible, and it’s worth it.