Answer: The first step in starting any business is a business plan. By creating a detailed business plan, you'll research every aspect of the business, including the competition, as well as the cost of equipment, marketing/advertising, insurance, leased space, licenses, permits, training, bonding and related expenses., etc. In the business plan, you will detail your experience and expertise, citing why you a legitimate risk. You will also detail the experience of partners, if any. In creating the business plan, you will be able to create budgets and figure out how much capital is necessary for start-up as well as two years' worth of expenses while you build a clientele. You should also be prepared to put up your savings and retirement accountant capital is required, as well take a second on your home, if you own one. Investors need to know that you, above all, are willing to bet on yourself before they'll stick their necks out. There are lots of websites and dozens of books that show you how step-by-step how to create a business plan.