Thursday, 22 September 2011

Business Start Up


Things to Consider before starting up your own business:
  • Target Clients
  • Possible Government funding/Investment 
  • Market Gaps
  • Other Competitors 
  • Customer Satisfaction
  • Charging of Goods/Service
  • Advertisement 
  • Area/Location of business 
  • Distribution 
  • Fair Trade Morals/Business Ethics
  • Retailers/Suppliers
  • Law/Discrimination
  • Cost to achieve breakeven 
  • Health and Safety for Employees
  • Tax Implications 
  • Running Costs
  • and most importantly MARKET RESEARCH

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