Start a Business

Check out the Competition

Your initial market research should have given you a picture of the customers your business is going to target.

Estimate your Sales

You know the size of your market, number of competitors, average price per sale and how often people buy – right?

Make a Profit

You should ideally enjoy business but the best aim of any business is to make a profit. No profit; no business.

Why write a business plan

Writing a business plan before starting a business reduces the trial and error factor. The more you put into your plan the more you get out of it.

Tips on writing your business plan

If you prepare your plan yourself you will own its content. You will identify problems that may arise and as a result identify issues you need to consider.

 

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