How does someone go about starting their own business?

Answer 1

Take a look at this site, it will give you plenty of advice
http://www.bbc.co.uk/consumer/start_a_business/
Good luck
Anna

Answer 2

Starting a small business takes a lot of courage. But, as they say, courage does not pay the bills. To be successful – to stay in business – you need more than courage. You need a combination of hard work, skill, perseverance, and lots of luck.

Some things you need to consider:
- "How can I support my family (or myself) while I build up by business?"
- "What are my abilities?"
- "Is there a market for the product or service I have chosen?"
- "How long will it take this business to reach the financial goal I have?"

Here are six basic steps to launch a new business successfully:

1. Provide a benefit.
2. Determine the fit with your market.
3. Right timing is everything
4. Be ready to support your business
5. Develop a blueprint for success
6. Market, market, market

I recommend that you read the following books:

- What No One Ever Tells You About Starting Your Own Business : Real Life Start-Up Advice from 101 Successful Entrepreneurs
- Starting From Scratch: How To Start A Business When You Don't Have Money
- If You're Clueless About Starting Your Own Business and Want to Know More
- On the Move : How to Succeed and Survive As an Entrepreneur
- How to Make 1000 Mistakes in Business and Still Succeed

If you need guidance in starting a business, there are several places that provide help to starting entrepreneurs. Here are places where you may be able to find a mentor:

- Government Mentoring Programs such as SBDCs, which works with community colleges and local business development councils to offer mentoring programs http://www.sba.gov/sbdc/sbdcnear.html ; or the Women's Network for Entrepreneurial Training http://www.sba.gov/womeninbusiness/wnet_roundtables.html
- Volunteer programs such as SCORE http://www.score.org which is composed of mostly retired executives and entrepreneurs
- Formal mentoring programs such as Athena Foundation http://www.athenafoundation.org/programs/globallinks.html , Helzberg Entrepreneurial Mentoring Program http://www.helzbergmentoring.org/HEMP/ , or The Aspen Institute MicroMentor Program http://www.micromentor.org
- Professional organizations such as the National Women’s Business Council http://www.nwbc.gov/Mentoring/programs.html
- Industry and trade associations
- Local business groups, such as the chamber of commerce
- Local chapters of business groups

Answer 3

First, and foremost, research. Figure out do you want to buy a business or start a new one? Once you know that, and the type of business you want to do, you need to make a business plan. This will help you in the long run. Lots and lots of resources on the Internet for this - try Small Business Association (sba.gov). Don't skimp on doing your research as this will make you understand the +/- of your business.
Good luck

Answer 4

This can be easy or it can be more involved that depends on what type of business and the type of business organization you are trying to form. a dba (doing business as)is simple enough, a llc (limited liability corp) and corporation. are more demanding still you have to choose what you want to do and what rules apply to what you want to do. For a simple business you can start visit my yahoo 360 page by clicking on my name. there is a short movie you can watch and you can read my blog as well.