Ideas for Newbies from the Corporate World

When making the leap to your own small business, prepare family, stick to what you knowand think twice about quitting that day job

So you're stuck in the corporate work world and you're hoping to break out of the mold this year and start your own business. No doubt you've got myriad questions: Where do I start? What kind of business should I consider founding or buying? Should I go back to school? Where do I get the money to fund this venture? We asked a number of small-business consultants to share their best advice for corporate refugees longing to breathe free as entrepreneurs. What follows is a roundup of their e-mailed answers:

To continue reading this article you must be a Bloomberg Professional Service Subscriber.