Some businesses have stumbled down shortly after being initiated because the people who started them had laid weak foundation in terms of planning. You have to plan well before you start a business, consider your financial power. Since there are different kinds of businesses, think about the type that you want to start and how much it will cost you. You also have to consider the extra amount of money that you have in case of any emergencies. The business might fail to pick up during the initial stages hence you will need to save and have extra money to support it during such stages. Your financial power and stability will determine the success of your business from the initial stages to the later stages.