Before you attempt to start a business I would be wise to keep a number of the following questions in mind.
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These seem quite obvious and common sense but often we forget some of them in our urgency to get going. Keeping these in mind and planning solutions will help a lot not only in figuring out if the business will be viable but also further down the line once its up and running.

1. What can be done to start or improve a business?
2.  What do people want to purchase?
3. How do I purchase it and set the sales price?
4. What will determine if I am making a profit?
5. How is business separated from family money?
6. How will progress be measured?
7. How will the business grow?
8. How much can one afford to invest in growth?
9. Should a loan be used to grow the business?
10. How will more customers be acquired and sales completed?
11. Can and how will profits be increased?
12. what can be done to continually improve?

No matter how big our how small our enterprise is it will benefit from this type of review. These questions should be reviewed regularly to maintain focus and remind us of areas that need improving.

These are the kinds of things we could also be reviewing with a mentor or a support group of entrepreneurs as it can stimulate discussion and idea sharing.

These questions can also be used to determine areas where goals can be set and commitments made for improvement.

Some questions are more relevant early on and other are more relevant once up and running. The early questions can be  focused on again whenever a new product or line is envisaged.