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Whenever you are considering going into a new business, it is considered wiser to do the research first. The majority of businesses fail within the first two years mainly due to a lack of preparation. The first thing to do is develop a business plan.

Business plans consist of the what, who, when, where, how and why of your concept. By developing the concept and finding evidence you are creating a clearer picture in your own head but also practicing due diligence. Not only do is it advisable to do what you are passionate about but you also need to be knowledgeable. For example, you may be a really professional plumber but what do you know about sales and marketing or accounting!

There are people available to either assist you in this preparation or they can do it for you. We also offer this service!

For those of you who prefer to do it yourself or at least do some research yourselves, see below for a list of organisations that offer comprehensive information and often times at least one free consultation such as with Business Enterprise Centres in Australia.

Business information links in

United States

http://www.business.gov/

http://www.irs.gov/businesses/small/

Australia

www.gov.au

www.business.gov.au

http://www.australia.gov.au/services/business

http://www.becaustralia.org.au/

http://wa.gov.au/governmentservices/business/

Additionally your business may be interested in regional or rural development

in the US