Starting a small business of your own requires you to create an elaborate blueprint and have a concrete action plan in mind. Here’s answering your question to - What should one keep in mind before starting a business that will help you understand how to start a business - • Get your business idea in place, clearly define your product or service • Identify the target audience for your business • Do your research to understand the industry • Create a strong mission statement and structure your business • Seek guidance from mentors or professionals who have experience in the field • Map out your financial plans • Plan ahead for potential risks Starting a small business is a lengthy process, but a rewarding one once you get through the initial stages and have established your business. However, starting a business requires initial funding that can be hard to procure. Looking for investors or using crowdfunding platforms or contests can help you get the funding you need to get your business started. To summarise, these are the things one should keep in mind before starting a business in order to set measurable goals and create a clear path to achieve them.