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What exactly is my product or service? |
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Have
I identified the buyers of my
products/services? |
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How do I reach my buyers? |
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Do I have experience and contacts in this field and have I identified key personnel? |
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Have I tested to be sure they will buy? |
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Have I identified the sources of my products and/or supplies? |
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How much money will I need to start? |
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Where do I plan to get the necessary dollars? |
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If I am planning to borrow funds, how good is my credit? |
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Do I have a minimum of 20% of funds needed in cash? |
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Do I realize I must secure a bank loan with my house? |
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Have I an accurate list of my monthly expenses? |
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How much do I have to sell weekly to meet my expenses and is this amount realistic to anticipate? |
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How much do I need personally from the business to live? |
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What is the attitude of my spouse and other family members regarding this venture? |