Starting up an enterprise is not a small thing. For many, it is a dream come true - after years of hard work, thinking and planning. Especially with the kind of competition and market conditions we have today, it takes a lot of courage for someone to decide to go it on his/her own. Some people do it individually. And some people get together with their close friends and/or relatives and start a business.

While being the owner of a business gives you a "good feeling" - of being a successful businessperson, many people tend to forget that in order to be successful and remain successful in business, certain best practices have to be followed. Here are some of them:

1. Hire the right people for the right job - based on the job requirement, qualification, experience, aptitude and attitude.
2. Have a proper interview procedure and do not rush into appointing a candidate just because he/she claims to know something. Remember, they are there for a job and will say anything to get it. Also, do not go by appearances. Looks can be misleading.
3. If you do not know anything about the position you are hiring for, get somebody who knows, to conduct the interview. It does not take more than a few seconds for the candidate to gauge the knowledge levels of the interviewer.
4. Make sure that you have a proper understanding of the position  you are hiring for. Also make sure that the candidate also understands the job profile properly.
5. Once selected, make sure you hand over a proper "Letter of Offer" or "Letter of Intent" or "Appointment Letter" to the candidate which indicates the designation, salary, date of joining and contact person on the first day etc.
6. Remember, if you skip the fundamentals, you cannot expect anything better from the candidates as well.
7. On the day of the joining, make sure that the candidates are properly looked after. Organize a proper induction program and make sure that the candidates (now your employees) are properly updated about the policies and procedures of your company.
8. Introduce the key stake-holders to the new joiners.
9. For start-ups and small companies - it is a good idea to get to know the employees well but you need to draw a line somewhere. Do not get too "familiar" - instead maintain a professional working distance.
10. Do not introduce rules which you do not plan to enforce or implement. Nothing can be more damaging to your company than this.
11. Make sure you establish a proper heirarchy and stick to it. If you skip levels - you are only setting the stage for confusion and chaos.
12. Maintain a professional behavior in front of your employees. Do not display your personal friendships or relationships in front of them.

This article has been provided by http://iq.technation.in which contains an extensive collection of interview questions for technical support, pc support, system administration, knowledge management, ITIL and many others.

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