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Everyone knows someone who has decided to go into small business but did you know that 70% of all small businesses fail within the first 12 months of operation? In some countries that failure rate is as high as 85 to 90%. Small Business is one of the toughest industries you can ever decide to take on and most people who go into small business go into it for the wrong reason.

I have started a number of small businesses over the last 10 years and every single one of them has been started from scratch and survived into a thriving business. Just recently I have decided to sell one of the businesses off because it had done what I expected it to do which is the first issue you need to think about.

Most of the people who set up a small business, including me as well in the past, do so for the wrong reason. But what is this wrong reason? The majority of men and women who set up a small business do so thinking they can do better than their current employer. I don't know if this is true. But, in reality, what most people really want is a better working lifestyle and more money. To be fair, there isn't anyone who can really blame you for desiring that. If this sounds like you then I would advise you not to get involved with your own small business.

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One of the key issues you must remember before even thinking about starting a small business is this. Do you know what your business will look like? How do you want your clients to view what you do? What is your vision for what you want to accomplish in this business?

The second clear understanding you must have of your business is, when will you know when it is finished? When you have built what you want to achieve and more importantly, how will you get out of it?

The thing is, you see, most men and women when they go into business have no idea of an exit strategy. This is really bad. Before you ever start a business, the first thing you must work out is how you are going to get out of the business.

Two years ago, I started a small car cleaning business. My wife and I both started it because she wanted to see if she could build a business. Our exit strategy was to sell the business once it was done. How we would sell it was something we were not sure of?

See, we could have taken a number of approaches to this. To exit the business, we could have franchised it, sold it off to another small business entrepeneur or even let it float on the stock market. We chose that we only wanted to sell it to another owner, but we still built the business in such a way that there was still plenty of growth and opportunity in the business for the new owner, but we had removed the risk for them on how to run the business by clearly documenting everything they needed to do to run that business.

I hope the above article helped you in your search for information about small business development design opportunities starting. If it didn't, I would advise you to re-read the article thoroughly and you will get clearer about small business development design opportunities starting.