Getting a business off the ground in today's economy takes more than a good idea. We've put together a list of steps you'll need to take before starting a business in 2018. To start off, you need to do extensive market research. Make sure there are no other products on the market that are doing what you do. Once you understand the market you are trying to enter, then it is time to put together a detailed business proposal. You'll want that proposal to explain what your business would do, who would be leading, and how it will be profitable. A solid business plan is key to landing funding. Watch the segment to learn the rest of our tips.

Share:
More In Business
Regulators Investigating Chevy Volts
Federal regulators are investigating Chevrolet Volt hybrid cars after some drivers reported issues including sudden power loss and failure to restart.
Celebrating the Holidays With Build-A-Bear Workshop
Build-A-Bear Workshop has been one of the most recognizable and beloved toy brands in the world since opening in 1997. Sharon Price John, CEO of Build-A-Bear Workshop, spoke with Cheddar News about its plans for the holiday season this year as well as the company's first animated feature film.
Stocks Flat Ahead of Fed Chair Comments
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
Load More