A blog post

20 Questions before you Start-Up your business . . .

Posted on the 07 February, 2013 at 2:09 pm Written by in General

Most start-ups fail because these 20 questions were not adequately considered, maybe not even considered at all . . .

  1. What kind of business and I planning
  2. What products/services will my business provide?
  3. Why am I starting a business?
  4. What is my target market?
  5. Who is my competition?
  6. What is unique about my business and my products/services?
  7. How much money do I need for set up and start up?
  8. Will I need to get a loan or outside financing?
  9. Do I have a financial plan and business plan?
  10. How will I price my product compared to my competition?
  11. How will I market my product/business?
  12. How will I set up the legal structure of my business?
  13. How will I manage my business?
  14. Where will I house my business?
  15. How many employees will I need to start up?
  16. Who are my suppliers and what are their costs?
  17. What kind of insurance do I need to invest in?
  18. 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!