After you have decided the business you want to start, you should devise a business plan. Make sure that the business you are about to start is really innovative and will provide quality product or service to customers. Your business should cover all aspects of the business, from the costs of starting a business to the recruitment of required staff. You should have adequate knowledge of your competitors and their procedures as this will help you in differentiating your product from them. On top of that, it should clearly define the purpose of your business and what you wish to achieve through it.
Do not underestimate anything, evaluate every little thing from barriers to entry to barriers to exiting that particular industry. Being a business student always helps as with the help of studies, you will be able to identify your problems and their solutions. If you want to buy a location for your office, you should choose an easily accessible area.
Keep thinking of multiple solutions for your problems. If you are unable to find a solution in time, do not worry or become stressful, seek help from the trusted ones.