Important "Facts and Figures" that you, as an entrepreneur, must know about your business.

1.    What makes your product or service special?

2.    What are your three biggest business risks and what are their mitigations?

3.    Who is your competition?

4.    How would you respond if your competitors found a way to copy your idea?

5.    How can you protect your business from new competitors?

6.    How exactly does or will your business make money (profit)?

7.    When will your business break-even?

8.    Do you have any orders or letters of intent from potential clients?

9.    What are the opportunities in your business to make more margin?

10.  What will you do if you do not raise sufficient capital for your business?

11.  Why do you need to raise money? How will you spend it?

12.  How will you attract and maintain skills as your business grows?

13.  Who would your first ten hires be and why?

14.  How are you going to market your product or service?

15.  Is your market growing or declining (substantiate with research)?

16.  How big is your market (substantiate with research)?

17.  Where do you see your business in five years?

18.  How do you grow your business?

19.  What about your business, keeps you up at night?

20.  What happens to your business tomorrow if you are hit by the proverbial bus?


The Top 20 "Facts and Figures" were previously published by "brandhouse™ Pitch and Polish" and are published in Women Inc. with permission.
For more from "brandhouse™ Pitch and Polish" visit them at:
•         Website: www.pitchandpolish.com
•         Facebook: http://www.facebook.com/pages/Pitch-Polish/122061231171443
•         Twitter: http://twitter.com/#!/PITCHandPOLISH
•         Youtube: http://www.youtube.com/pitchandpolish

• Add New

Comments (0)

Write comment

Name:

Email: do not notifynotify

Website:

Title:

Message:

Please input the anti-spam code that you can read in the image.