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Being your own boss can be rewarding, but it certainly isn’t for everyone. Sure, to some degree, you have more freedoms working for yourself than you do working for someone else. But often new entrepreneurs find that the workload and the stress of having to continually perform to keep their young business viable can be too much for them.

It's true that, statistically in the U.S., more new businesses fail than succeed. You shouldn't let that discourage you but if you're thinking about starting your own business, there are some important things you should think about before making your decision.

Essential Reading

Do I Really Need a Business Plan?	Choosing a Business Structure	6 Tips for Borrowing Startup Funds from Friends or Family

Additional Resources

• Business Plan Writer

• Business Certification

• Financial Education

• Starting a Business

Publications

Demographic Data
Can Help you Plan your Startup

• Characteristics of Minority Businesses and Entrepreneurs

• Recent Minority Business Fact Sheets