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