Five steps to formulate a business plan:
l(Strategic Guide for Canadian Entrepreneurs by IBM)
l
lEvaluate risks
and rewards
üCons: Financing, stress, government bureaucracy, learning curve, risk, cash flow, no medical /
benefits
üPros: your own
boss, flexible hours, self-gratification, independent, greater earning potential
lDetermine your
skills
üConfident,
resilience, self-starter, accept risks, isolation