Being an entrepreneur is not easy work. Twenty percent of small businesses fail after just one year; that number climbs to 50% after five, according to a recent report by the Bureau of Labor Statistics. So before you even lay out your business plan, Tara Falcone, a certified financial planner and founder of ReisUp, a company dedicated to increasing financial education and access for all generations, says it’s best to ask yourself these three important questions to see if you are ready for the challenge.
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