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THE TOP TEN DO'S WHEN STARTING A BUSINESS Live frugally and begin saving up money for starting your business. Learn your intended business by working for someone else in the same business first. Consider the benefits of starting a moonlight business. Consider the advantages of operating a family business. Objectively measure your skills and training against potential competition. Consider subcontracting to low cost suppliers if you're manufacturing a product. Test market your product or service before starting or expanding. Make "for" and "against" list describing the specific business you are considering. Talk to lots of people in your intended business for advice. Make a comparative analysis of all opportunities you are considering.