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People who want to start their own businesses are regarded as . The first
step in starting a new business is to Along with the desire to be one's own
boss, most people are motivated by the hope of gaining .from the business.
New business owners must learn all they can about the laws, regulations, and tax
codes that apply to their operation. Every business involves four elements:
. As the business grows, there will be more .incurred for supplies,
raw materials, equipment, and so on. In time, an owner will want to have an
of replacement parts to make the business more efficient. Finally, an
entrepreneur needs to be aware of the .of starting a business and balance
them against the potential .

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