You have a great business idea now what?

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Tips, Resources & Ideas You have a great busin IDEA… now what? NEWSTABILITY.COM

Transcript of You have a great business idea now what?

Tips, Resources & Ideas

You have a great business IDEA… now what?

NEWSTABILITY.COM

You have been brainstorming for a while

and you have found something that

ticks three boxes

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You will enjoy it

You can do it

You can make money from it

You have a business concept that you will enjoy.

I wouldn’t start a business revolving around sports because it just doesn’t interest met.

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You will enjoy it

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You have the network, skillset or knowledge required to start the business.

You don’t have to work in your business but you do need to know the right people or be able to hire the right people to

get the job done.

You can do it

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You have verified there is a market for your business concept.

You have contacted your market and they have verified they have a problem and you can provide the solution.

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You can make money from it

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Planning is… Answering key questions about your

business

Questions you need to answer

during planning

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Who am I selling to?

How wilI I contact my market?

Why will they choose me?

What is my unique position?

What are my customers looking for?

Where are your customers?

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REMEMBER…

What solution are you offering?

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Businesses solve

problems