EQ1- What do you need to do to start a business? Try to list and explain at least 5 things that you would need to consider.

You need many different elements to start a business. The first element you will need is a consumer group in your area that will be interested and want to buy from your business. You need a storefront that is strategically located to attract the most customers. You must make sure to keep a large amount of money in reserve for start up costs, plus, most businesses don't start making any substantial money until the second to sometimes even third year depending on your product. You must be willing to work long hours and make hard decisions. Being your own boss has its own perks, but will come with many obstacles especially to someone beginning a new business. And last but not least, you need good advertising to help get your name out to help attract new customers.