First pick an idea that you are really familiar and passionate about which can help you grow it (Ask yourself who will be your customer and pick a location). Second, how much can you invest? Making sure you have at least 6 months of disposable income in your savings. Third, research on what do you need to do to prepare filing with the local city government (licensing etc.). Next, pick if you want to be a Sole Proprietor or create an LLC (limited liability company) or Corporation. Corporation and LLC will have less liability on you personally in case the business doesn't do well.
Sayed recommends the following next steps:
- How much can you invest?