What Type of Business to Start?

I recently read on a forum, someone sharing that they would like to write a business plan and start a business, but did not know what type of business to start. They then went on to ask what type of business is most profitable.

First off you need to know the type of business you want to be in before writing a business plan. Otherwise, it is like fueling up the car and packing your bags and saying you want to go on a road trip, but need to know the best place to go. Many more factors need to be taken into consideration: budget, timing, necessary clothes, what sort of activities or accommodations you are looking for and on and on.

There is no point in researching and writing a business plan unless you know what the business is. Now that is not to say that it cannot evolve over time, but the basic business idea should remain the same. I highly recommend talking to friends and family about the businesses they are involved with and doing informational interviews to speak with other business people; when doing informational interviews, always ask for a few more contacts from each person you speak with. Do your research and make a decisions based on the information you have gathered.

The awareness for today is to not jump into anything blindly, but rather take your likes and dislikes into consideration and find the right fit for yourself.
~Paul