A person thanking about owning a business should examine the following factors:
* Capital Requirements: The starting of funds necessary to finance the operation.
* Risk: The amount of risk a person is willing to undertake by starting the business.
* Control: The amount of authority the owner can exercise.
* Managerial abilities: The skills needed to plan, organize, and control the business.
* Time requirements: The time needed to operate the business and provide guidance to the employees.
* Tax liability: The amount of taxes a business must pay to governments on earnings of the business.
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