For many people, starting your own business is the ultimate goal in life. Some will learn a trade or vocation, work for a company for years and then go self-employed. Others may turn a hobby into a business after doing it for fun for several years, whether it is product or service-based.
Whichever way someone starts a business, it is always a risky move.
Most often, people will go from a steady income to a fluctuating one for some time while in the beginning stages of their business.
However, this should not put you off.
There are many positives to starting a business, from doing what you love to the freedom it can give you, from being able to live anywhere in the world to having more time at home with your family.
This article will run through what it means to start your own business, the reasons behind it, and what you should have in place before setting up officially.
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