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Start A New Business 1. Start a new business What should you do to start a new project? By Angela espace.canoe.ca/angela1974 2. What should you do initially? Think about an idea Check all possibilities Choose an idea Analyze positive and negative points Study your competitors Create a project 3. Check-list for a new business Why I really want to start this business? Do I have a good market place to open it? Is the place I have chosen the best one? Why? Does the neighborhood desire my business? What about my direct and indirect competitors? Have I studied about them? Do I have enough money to go on until the end? 4. Check-list, second part When is my deadline to have a return from my business? Do I have goods suppliers? Have I thought about all danger? Have I done a contract with a lawyer? Do I have a good team to work with? Am I ready to start this project? 5. Something you need to ask yourself … Do I prefer to be a backside of an ELEPHANT or a head of an ANT ? Backside of an elephant Head of an ant