Stage 2 - CHECK
Check, research and finance
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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
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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
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Decision Time – Make your decision - Is it GO or NO GO
Go to Stage 3 – click here