My only experience of business is watching shows and documentaries about them, but everyone seems to agree on six things:
1. NEVER EVER EVER EVER EVER go into business with a friend or relative.
2. Choose a business that you have a passion for.
3. Know your market! Chances are, someone already makes or provides whatever you are selling better, bigger and cheaper; and if not, there may be a good reason for avoiding it.
4. Location.
5. Location.
6. Location.
