ABSTRACT
INTRODUCTION The most important consideration for a venture startup begins with the type of business the entrepreneur wants to start. Is it an incomeproducing business or a potentially high growth venture? Many of the business skills, but the most specialized of roles, such as law, accounting, insurance, etc., that an incomeproducing business requires for success may already be possessed. When other skills or resources are needed, incomeproducing busi nesses, such as beauty salons or hardware stores, tend to look for partners among friends or family.