Setting up your new business-


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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-

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