If you do not have a business idea, choose a business based on your skills and interests. Picking a business that has to do with something you love always makes it easier. The following are some of the factors that should weigh into your decision. Being honest with yourself is key in this crucial decision.

• Assess your strengths and weaknesses.
• Does the idea excite you?
• Do you know enough about this business to operate it effectively?
• Have you worked in this type of business and experienced the practical problems that may be encountered?
• Have you previously worked in a supervisory role?
• Have you had any business training?
• Can you fill the gaps in your knowledge?
• Are you confident in your ability to deal with customers?