Any pointers on starting your own business?

Starting a business is a scary enterprise. Here are a few tips to help you make it a success:
1 - keep your business finances and personal finances ABSOLUTELY separate. Do not allow any bleed over from company funds to personal funds. It is a business and reputation killer.
2 - This may seem like common sense but it happens a lot and it ruins almost every businessman that tries it: Don't accept any contracts (however lucrative they may appear) if you do not have the ability to fulfil them.
3 - Avoid hiring friends if you want to keep them as friends. The employer/employee relationship will overpower the friendship -- especially if you need to discipline or (worse) fire a friend.
4 - Be prepared for your new venture to completely monopolize your waking hours for the next three to five years. If you are married or in a committed relationship, you both need to know that a new business can be more demanding than a new baby. Be open and frank with each other and do not start the business if your partner is not on board for the long haul. If they are not, then if either the business or the relationship fails there is a real danger the other will follow.
5 - Make a fact-based and practical business plan and work to it. Assess it on a regular basis (I recommend quarterly for the first few years) and adjust it or your practices as necessary. Do not deviate from the plan without first devising a new one that is at least as fact-based and practical as its predecessor.
6 - Manage every project as if your reputation and the business's success depends on it working out -- because they do. Take a course on basic project management and employ the principles assiduously to your business model.
7 - Win. Win, and win again.
Good luck.

Oops - forgot one: Get a good, dependable accountant. Keeping your books right will save you thousands of dollars and keep you out of hot water with the IRS.

SPC (Join to see) Below is one post. You can find the other posts dealing with starting a business by searching on "Starting Own Business", and then clicking on "Answers".

https://www.rallypoint.com/answers/i-m-looking-to-start-my-own-business-what-are-some-tips

When it comes to business creation, it's better to take your time.
Take your time, create a detailed business plan, if there is a need, speak to professionals.
It's all possible, but it takes time and effort.
Also, getting a quality team that will work on all the processes and provide the best results is very important. Here is one article https://ddi-dev.com/blog/programming/how-to-write-software-requirement-specification-for-your-project/, which may be helpful for you. It's about writing software requirements for projects, which will help business owners and software developers understand each other perfectly.