Most start-ups fail because these 20 questions were not adequately considered, maybe not even considered at all . . .
- What kind of business and I planning
- What products/services will my business provide?
- Why am I starting a business?
- What is my target market?
- Who is my competition?
- What is unique about my business and my products/services?
- How much money do I need for set up and start up?
- Will I need to get a loan or outside financing?
- Do I have a financial plan and business plan?
- How will I price my product compared to my competition?
- How will I market my product/business?
- How will I set up the legal structure of my business?
- How will I manage my business?
- Where will I house my business?
- How many employees will I need to start up?
- Who are my suppliers and what are their costs?
- What kind of insurance do I need to invest in?
- Do I need tax planning advice and how do I ensure my taxes are being paid correctly.
Get these questions down pat and reconsider!
Then, you’re ready to roll and good luck!
