One of the most important things to do is write a business plan when starting a business.   Bplans.com offer lots of free business plan advice and over 500 free sample plans in just about every business category t o get you going!  They have some great software too.  Check them out at:  http://www.bplans.com

What are the common mistakes that new entrepreneurs make and how can you avoid making them yourself? Here is our top 10 list of mistakes people make when starting a business:

1) Not enough money.

The most common reason why new businesses shut down is that the owner runs out of money. Cash flow is critical to a startup business. You could be profitable and still have to close your doors because your customers are taking too long to pay you. Cash is king in a startup venture and you need to prepare for it.

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