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It is a good idea if you think about the answers to these key questions:
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Product: What is your Product or Service?
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Customer: Who are you going to sell it to, and why will they buy?
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Competition: Who is your Competition and how do you compare to them?
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Income: When and how do you get paid, and how much profit do you
make after expenses?
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Location: Where are you going to locate your business, and why?
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Finances: How are you financing your business and is it enough to
cover expenses?
These are
some of the key questions one must answer in any good business plan. |