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Setting up your new business-

Setting up your new business-



Questions you need to ask yourself when setting up a new business.

Questions you need to ask yourself when setting up a new business.
From the Author of "The Caboodles Blueprint" - Taking an IDEA to MARKET



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    Setting up your new business- Setting up your new business- Presentation Transcript

    • Setting up a New BusinessWhat you need to ask yourself
    • What TYPE of Businessdo you want it to be?
    • Will you want to EXPANDyour Business into other categories or services?
    • What will you “NAME”your product/service?Your product/serviceis separate from your BRAND name
    • What will you “NAME” your business Is this your BRAND name? Copyright your BRAND name(your Domain name should match your Brand name)
    • How BIG do you wantyour new business to be? Owner OperatedIndependent Contractors Employees
    • Will your Business be: Local National Worldwide
    • Will you want to partner up with complimentary businesses to promote your products or services?
    • How many hours do you want to dedicate to your new business? i.e. Building your Business Maintaining your Business Promoting your Business
    • What areas do you need ASSISTANCE for developing your idea/product/service:Product• Packaging • Brand Development Manufacturing • Warehousing Marketing • Sales • Promotion Finance • Social Media
    • What are your STRENGTHS and WEAKNESSES? Your Weaknesses are usually what you DON’T LIKE TO DO!
    • Who are your COMPETITIORSHow many are there?
    • What sets your business APARTfrom other similar businesses?What is your niche?
    • How BIG is the market you are entering?What size is the Industry?
    • Who is going to be your consumer? What age? What sex?What Characteristics?
    • Have you run consumerFOCUS GROUPS?Did your IDEA get 85% approval?
    • Have you done yourSALES PROJECTIONSbased on your ideal working situation?
    • What will be your Costs?Have you researched all your potential expenses?
    • Can you make your business aFINANCIAL SUCCESS based on your Sales Projections and Expenses
    • It is imperative that you can visualizeyour product/service Success: Where is it final resting place?Store shelves • Satisfied user •
    • Available in Paperback, Ebook & Audio book http://www.amazon.com/The-Caboodles-Blueprint-Leonie-Mateer/dp/1625108583 www.leoniemateer.com
    • Author • Blogger • Speaker “Taking your idea to market” www.leoniemateer.com