So you want to launch a business.

First question to ask yourself: Are you sure you’re ready?

That’s not to say you’re not a fantastically savvy entrepreneur, or that there’s reason to assume your venture will crash and burn. But current statistics estimate that a hefty chunk of  startups are destined to fail in the first year. And there are a slew of things to know before getting started down the business path.

Ready to take the plunge – or want to get solid advice from business experts before launching? We’ve got you covered: Listen to our Biz503 episode: How to Build a Business.

You’ll want to catch this episode on how to establish a successful business. Listen to learn how all about the ins-and-outs of launching a profitable startup…and what common mistakes to avoid.

Halley Gary, founder of Evolve and Succeed, and Mike Rogoway, business writer at The Oregonian, co-host the panel.