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One of the first steps that you should take before deciding to go into business is to determine why you, the prospective business owner, want to go into business.
Have you realistically calculated many of the advantages and disadvantages of owning a business? Are you aware of the key factors you need to start a business and see your business be a success? Who are your competitors? Are you ready to write a Business Plan? Do you realize what finances you will need? Can you write a Marketing Plan? Do you have a startup company mentor/consultant to assist you? Do you know people who could work with you to implement your startup idea?
These are all critical questions that must be addressed by new startups and entrepreneurs; and are discussed in this whitepaper.
This whitepaper discusses the following topics:
• Are you really ready to start your own business?
• Are you sure the consumer market needs your idea?
• Did you benchmark your new idea against other ideas that are already out there?
• Can you create a Business Model Canvas and a Business Plan?
• Have you considered a Financial Plan? How will you pay to enable you to create your idea/business?
• How will you Market your new idea/startup company?
• Do you have colleagues who may want to join you in your venture? Teamwork makes a dream work!
The content within this whitepaper is based on over 10 of direct years of experience working with startup and entrepreneurial organizations, as well as experience owning and managing a consulting firm since 1993.
Got a question about the product? Email us at [email protected] or ask the author directly by using the "Ask the Author a Question" form. If you cannot view the preview above this document description, go here to view the large preview instead.
Source: Best Practices in Entrepreneurship Word: Key Learnings for New Startups & Entrepreneurs Word (DOCX) Document, Charles M. Intrieri Consulting
ABOUT THE AUTHOR: CHARLES M. INTRIERI CONSULTING
Independent consultant of over 25 years.
• Planning - Strategic to Tactical
• Leadership, Coaching & Mentoring
• Budgeting & Reporting
• Risk Management, Compliance & Audit
• Process Improvement
SUPPLY CHAIN & LOGISTICS
• Warehouse, Distribution & Fulfillment
• Inventory Management
• Purchasing & Contract Negotiations
• Lean/Continuous Improvement
• Data Analytics & Data Mining
• Technology/ERP System Implementation
• Product Planning & Development
Charles M. Intrieri Consulting has published 14 additional documents on Flevy.
File Size: 939.8 KB
Number of Pages: 43
Related Topic(s): Entrepreneurship
This business document is categorized under the function(s): Operations Strategy, Marketing, & Sales
It applies to All Industries
Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.
Initial upload date (first version): Apr 15, 2021
Most recent version published: Apr 15, 2021
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