There are many economic choices that need to be made to start a business, including what you want to offer, how many employees you would hire, how and how much you would pay them, and more. on. To be successful, a business must make choices that will attract the most customers and thus make the most profit. If you want to start a business, you will first need to obtain a business license, or risk being fined or shut down. by the government. Next, you will need to decide what your business will do. Are you going to produce goods? How about buying them and reselling them for a profit? You may even want to start a business offering a valuable service, such as lawn care or house cleaning. This will establish your startup costs. Starting a lawn care service costs nothing except the lawn mower, which you usually have on hand. However, if you want to make products, you must first purchase the equipment and materials needed to make them. Depending on the item in question, this can be very expensive. If you instead want to rely on a supplier for your goods, this can reduce production equipment costs. However, your expenses will become significantly variable, depending on how much your supplier decides to charge you for their products. Whether you provide products or services, you will need to hire employees. You will then have to pay your new employees, as well as additional taxes, because hiring employees makes you an employer. You need time to deal with sending lengthy forms to the IRS and other government officials and to keep good records in case they ever decide to "investigate." You also need to establish how and how much you will pay your employees. They will want to get paid as much as possible, but stay in the middle of paper to advertise, as advertising agencies may be more willing to offer their services to successful businesses. There will also be more local advertising agencies to promote your business. Moreover, the proximity will prove convenient, further allowing you to develop more business. Plus, no matter which county you move to, you'll benefit from increased production capacity generated by your business, as well as additional tax revenue. If your business is successful, it can also encourage people to move into the wider community. However, the county you moved from will suffer the loss of tax revenue from whatever you paid back home. Its economy will also have one less producer. Starting and running a business requires you to make many difficult economic decisions. These choices, however, can help you become a very successful business in a large and competitive market...