Home topics finance finance-cash-flow Accounting Cashflow Small Business Accounting Six key considerations when establishing a new business Guest Author March 19, 2012 When setting up a new business , there are a number of things you’ll want to get right the first time around. Here, an expert looks at the six aspects you need to get right if you’re going to go it alone. So you’ve been thinking about going into business or have been presented with an irresistible opportunity to go it alone. The decision to leave steady employment and go it alone should not be taken lightly! While those who do often seem to think that it’s just a matter of doing the work and the rest will take care of itself, let me tell you here and now, be very careful if this is you. Yes, that’s right, running a business will require your daily attention. So be prepared to allocate time to just running the business, apart from actually doing business, the two are NOT mutually exclusive. Having an understanding of your own motivations and business personality will go a long way towards achieving your ultimate long-term goals. The three main business personality types are a Lifestyle Seeker, a Business Builder and a Passionate Professional. If you take some time to think about these three categories I honestly believe that you will get a clearer picture of what you are aiming to achieve in small business. 1. Getting Started So now that you’ve thought long and