Many people dream of leaving the rat race and starting their own businesses. Making that dream come true takes planning, money, other financial resources and hard work. One of the difficulties is deciding what type of business you want to start. Here are some ideas and resources to help get you started.

First, make sure you have the financial resources to cover living and business expenses for at least a year. The source of funds could be savings, a spouse or partner, family members, loans or — perish the thought — credit cards. Be realistic in estimating business expenses. Keep in mind these expenses can vary widely depending on the business you want to start. If you plan to rely on credit or loans, talk to bankers and the U.S. Small Business Administration before you take the plunge.

Next, do your research to find businesses that align with your skills and interests and fill a need in your community. Often, the easiest business to start is one that uses your best skills, existing licenses and experience as a starting point. If you’ve written lots of materials for your employer, consider starting as a freelance writer or editor. If you worked at a financial services firm and hold current licenses, many financial services and insurance companies will be interested in having you represent them. If you’re a licensed general contractor, builders could be interested in contracting with you on an as-needed basis.

If you’re interested in starting a business or consulting or freelancing, plan to acquire any licenses or training you might need. It’s better to continue in your current employment and obtain the training and licenses during your spare time than resign and cover the expenses of living plus specialized training and licenses when you don’t have a paycheck.

Create a business plan and refine it as you move into operations. Your business plan offers a road map. This is the place where you get into the financial and operational aspects of starting and running a business, even a part-time one. Some of the main considerations for your business plan include capital and other upfront costs; equipment, facilities and other expenses; rent, utilities and insurance; the cost to hire employees or contractors; and franchisee requirements should you go that route

Some of the more popular startup businesses include:

Financial services, including accounting, employee benefits, insurance and investments. These services offer growth opportunities and independence, but require special licenses and lots of marketing and outreach to succeed.

Business consulting. If you were a manager or go-to person in your past work, you might have valuable skills to offer businesses that can’t afford full-time advisors.

Franchises. It’s helpful if you’ve at least some experience across the range of business operations, but the franchisor could offer enough support in areas where you’re weak. Most franchises don’t require special licenses or training. You get a proven business model, completed market research and franchisor support as part of the purchase. Many franchises can be launched for less than $10,000.

Notary Public. This is state officer who’s authorized to witness and attest to the legalities of certain documents by stamping a seal and signing. Generally, you must pass an exam and background check. The cost to become a notary is reasonable.

Starting a business is exciting and scary. Operating your own business can be one of the best — or worst — experiences of your life. If you decide to become a small business owner, take the time to plan, consult with others and take advantage of community and government resources to create and grow your business.