Now that you have evaluated your business skills and come up with a viable business idea, the next step in your goal setting is writing a business plan.  Your business plan will include the type of organizational structure that is best for you.  They range from a sole proprietorship to corporation structures. 

In your business plan goal setting you must also evaluate your tax implications, licenses, and insurance coverage.  Check your local chamber of commerce.  They will probably be able to point you in the right direction for getting the answers you need.Do you need money for startup and operating expenses?  There are a number of possible sources at your disposal.  Do you have the business capital yourself?  Maybe family members could help fund you as investors.  Check to see if you qualify for a home equity loan.  There are also a number of banks that will give small business loans under the right circumstances.  Goal setting requires doing your homework.

One of the last steps in business goal setting is deciding if you can afford to devote you full attention to your business venture.  Maybe you can keep your current job while you get your business up and running.  Maybe you can find a business partner who will share the expenses and the time to run your new business.

Finally, your business goal setting should include establishing a support system.  Check with your local office of the Small Business Association.  There are retired business owners who volunteer to help new business startups.  Also check the internet for small business resource centers.  Goal setting for your new business will help you succeed if you write down your goals and plans and follow them.