goldsteinandclegglaw
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The most important aspect in starting a new business is having the capital to sustain yourself for what ever time frame you think you will need to generate a profit. It is also important to have a solid business plan so you know where it is you are going and not just shoot from the hip. |
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walterknowsall
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capital |
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nickdc1960
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Just like the other answers here...MONEY is most important.
As a rule of thumb, it costs you twice and much and takes you twice as long as you think it will to get a new business started.
http://www.creditmanagementworld.com |
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Vaness
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an idea!!!!!
without that waht will start doing. When you ahve an idea you can look for capital etc |
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NC
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There is no such thing. A business is a complicated undertaking that requires a combination of technical skills, people skills, capital, and sheer luck. |
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Dan
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You must know hoe to spell.This is very omparant!!! |
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david w
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capital |
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DeltaForce
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The best answer is "customers". If you know how to drive sales, then everything else is easy. |
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crude_oil
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I would say Capital. It can be a real show stopper if you don't have it. |
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LoneStar
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Enough working capital (cash or a secure line of credit) to get started and established.
It also doesn't hurt to know how to spell/type/proofread. |
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skep-doc
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the ability to spell properly |
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sirade1
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Motivation !
Followed by money, commitment, people skills, patience, and a willingness to accept that your ideas are not always the best ideas and that you may need to change to stay in business. |
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dromyl
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co-operative people(most important) |
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Matt
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a rich uncle |
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Sharp Marble
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a GREAT idea |
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ranxerox666us
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Already some have answered capitol, an idea and motivation. All very good answers but I believe a good business plan can lead to capitol, form and refine your idea and set a road map to success that can be very motivational. Seek on line info, books at the library, or assistance from your local Small Business Administration on writing a good business plan. A bank will want to see it for a loan! Yeah, I gotta go with business plan. |
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mbnes
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Understanding the target market, key benefits for your customers.
Also have a look at Porter's five forces. It is worth considering your competitive environment... |
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dennischealey
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If its a service, which i would recommend more than a product, the most important element is a customer...well, a lot of them. Figure out how to find them, and everything else will come together. good luck |
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