NEW ENTREPRENEUR?
Your business is an innovation . Your an Innovator.
BUSINESS IDEA
Develop a business idea based off hobbies, skills, community, or knowledge.
What do you vision with this idea for others?
What problem can you solve?
BUSINESS RESEARCH
Determine the value of the business, requirements, costs, and future projections.
Is this business idea feasible for you?
What opportunities can you notice?
What problems do you think could hurt vision?
What skills or qualifications you possess or plan to?
BUSINESS PLANNING
Create project tasks to meet expectations and identify resources + costs.
Is there weaknesses in the plan?
How would you fix or avoid that weakness?
BUSINESS BUDGETS
Time to break down budgets for the business plan tasks into financials. How much will each task cost? How much time to create, produce, or maintain?
Is this permanent or will recurring costs be expected? What other options are there to complete task?
Spreadsheets + Calculator.
Recommend consulting a CPA for tax purposes.
