Business world: making the decision to start your own business can be a daunting and challenging move, David Banfield advises on making that transition.(Franchise Advice)

The world of entrepreneurship is a far cry from the world of employment. Employment, for the main part, comes with considerable built-in support systems and a reporting hierarchy.

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For those who dream of running their own business, statistics indicate that of all the business start-ups that take place the majority are destined to fail, sometimes as many as 40 per cent in the first year of business. The savvy would-be entrepreneur may come to the conclusion that their experience and background might not be well suited to a business start-up after all. The solution for many people determined to make it on their own and enter the world of …