Stage 2. CHECK



Stage 2 - CHECK

Check, research and finance

Step 1. Check - Check everything

  • Check - Do some Market Research
  • Check - What are your Markets
  • Check - Who are your Customers
  • Check - Who are your Competitors
  • Check - How do you Compare with Others
  • Check - Who are your Suppliers
  • Check - What makes your Business Different

Step 2. Finance - Work out Your Money

  • Finance – Can you Afford to Start
  • Finance - Your Financial Steps
  • Finance – Your Net Worth (What you Own and Owe)
  • Finance – Your Living Costs
  • Finance – Your Start-up Costs
  • Finance – Your Running Costs
  • Finance – Your Funds, where from and How Used
  • Finance – Your Sources for Loans Needed
  • Finance - Your Target Return from the business
  • Finance - Will the Business be Financially Feasible
  • Finance - Accountant to check Feasibility and Research

Decision Time – Make your decision - Is it GO or NO GO

Go to Stage 3 – click here