What is the basic requirement for starting small business?

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In its simplest form, You need knowledge of your niche or industry, Adequate Capitol, and a will to succeed. Its impossible to get really detailed as every business and industry is different. If your starting a business online you might want to checkout http://www.ecomdegree.com

1. Register your business name. 2. Obtain licenses and permits. 3. Get insurance. 4. Recognize and implement taxes. 5. Hire any employees you may need.

1. A well thought out business plan incorporating expenditure & sales forecasts 2. A cash low plan as cash flow is the cause of many business failures. 3. Vision, drive, business acumen & all the right capabilities in terms of personnel & resources required the succesfull and professional running of the business.

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It depends on the type of business. My mom just opened a new bridal shop and here are the requirements that she needed: 1. Find a nice busy space. 2. Money for at least 3 moths of rent. 3. Register your business name. 4. She needed a sellers permit and other permits which I don't remember, but they'll tell you how to get them. As well as the kind of permits needed depending on the business. 5. Report Taxes 6. Advertise Sorry that's all I can remember.. Good Luck!!!

1. A solid business plan 2. Source of start up capital 3. Ambition and energy

Common sense, a bit of Money and knowing precisely the kind of business you wish to engage in. The most important aspect is to do lots of research into your endeavour. Most small businesses fail, By some reports, up to 90%.