When starting a business, one should follow a checklist of considerations. First, one should ask themselves whether he or she is ready to start the business. Consequently, the following questions should be answered: whether one has experience in the business; whether one has any courses in managing and operating the business; whether one has discussed the business with family, friends and other people who may be business persons; and whether the person has support to start the business. Next, one should answer the following questions regarding the business: whether one has a business plan; whether one has selected form of legal ownership; whether one has adequate financial resources for the proposed business; whether one has determined customer base; and the tax implications. Moreover, one should ask whether the business requires employees and if so, how payroll, benefits and labor law requirements will be fulfilled. Finally, one should ascertain whether there are any other legal requirements, such as licensing or trademark issues which must be addressed.