Why I want my own business List reasons why you want your own business
Which Business is right for me? What do I like to do? Do I have any hobbies or interests which I can use What skills do I have or am developing ? What do others say I can do well? How much time do I have to run a business?
Which needs will my business address? What services or products will I sell? How can I create a demand for my product or service? Is my idea practical? Will my idea fill a need? What will my business have that others dont? Do I have any competition?
Equipment and Supplies What equipment do I need? What supplies do I need?
Target Market Who will you sell your product or service to ? (your target market)
Finance Will I need finance to buy equipment and supplies?
Resources What resources do I need?
Location Where will I run my business?
What will I name my business? Dream up a creative name for your business Design a logo for your business
Keeping records How will I keep financial records for my company?
Risks & Rewards Risks Summarize risks of proposed project Addressing risk Summarize how risks will be addressed Rewards Estimate expected rewards of this venture
Company Slogan Create a company slogan which will attract people to buy your product or make use of your service