<human>:  I'm considering starting a new business. What should I consider before making that leap?
<bot>: 
1. Figure out what type of business you want to start and what industry you want to enter. Research the current trends, competition, and potential markets.
2. Develop a plan that outlines your objectives and strategies, as well as a timeline for achieving those goals.
3. Calculate the costs of starting a business and the necessary capital to fund it.
4. Develop a pricing and marketing strategy.
5. Research and acquire the necessary licenses and permits.
6. Consider any legal and tax implications.
7. Determine the optimal location and resources.
8. Build a customer base and generate customer loyalty.
9. Plan and review your progress regularly.