Five important questions to answer before starting your business (part 1)

Sometimes, other people come up with great articles that really make you think. I just read an article titled: Five questions to ask yourself before starting your business. I find that items number two and three are very true. Having enough business capital is very important (big surprise that the CPA feels this way).

It is very hard to plan your exit strategy (presumably from a former job) and new business strategy in such a way as to have enough money/credit available to start your business. While trying to keep your own personal finances in order. While there are a lot of rules of thumb out there. What strategy did you use when starting your new business, regarding business capital?

Also, what important questions did you answer before starting your own business?

Check out the full article here.