Starting a business can be scary but also really exciting – you have a marvelous idea for a product/service, you know who your customers are and now you want to sell and make loads of money – whoa it takes a bit more than that:
- is your product unique?
- is it priced competitively?
- is it sustainable?
- how much does it cost to produce, including any packaging?
- have you tested out the product name on the web, does it exist elsewhere, is your product unique?
- do you need a patent or trade mark for your product?
- who will buy your product?
- do you know your market, can you segment the market so that you can identify the people who will purchase your product, are they young, old, men, women, LGBT, children, businesses
- how can you find your market, are they on-line or on the high-street?
- how much money do you have to launch your product and continue to advertise?
- do you have enough money to survive the first year of trading?
All of these questions form part of the business plan that can be discussed with the bank &/or your investors, and can be modified as your business grows and progresses.
But do you need help in solving any of these issues – I can work with you to answer these questions, look at your cash-flow and ensure that your business becomes a viable & thriving business for the future.
Just Contact me to discuss your requirements and I can discuss the options with you.
Gail was our mentor when first setting up our business. She was very knowledgeable and really helped get our business up and running. I would highly recommend her.
gravettbusinessconsultancy.com 