Follow These 9 Steps to Launch Your Own Business

The idea of owning a business and being your own boss is the stuff of dreams for many people. Why not reap all of the rewards of your great ideas and hard work?

If this is you, know that you’re in good company. Across the United States, more than 4.7 million people set out each year to turn an idea into a livelihood. Here in Florida, nearly 120,000 new businesses opened their doors in 2024 — each one sparked by someone with an idea, a plan and the courage to try.

Starting a business, however, takes more than ambition and paperwork. The first few years can test even the most determined entrepreneurs. According to the U.S. Small Business Administration, more than half of new ventures don’t make it to their fifth year. The difference between those who succeed and those who struggle often comes down to preparation, persistence and access to the right support.

Inside these pages, you’ll find advice and valuable insights that can help you launch, nurture and grow an idea into a sustainable enterprise. Whether you’re still sketching out your business plan or are already navigating growth, this guide is designed to help you make smart, confident decisions.