ASK THE TOUGH QUESTIONS
Would you buy your product/service?
Will you make a profit at the price?
Are you solving a problem?
What makes you different from the competition?
JOT DOWN THE GAME PLAN
Do you have enough funds for first-year living expenses?
Grants/ Loans/Financing?
Do you have a clever Business Name?
Register the domain name/email address.
Figure out the type of business: incorporation or sole proprietorship?
What permits/licenses are required?
MARKETING & PROMOTION
Register all social media profiles (ASAP)
Determine location
Networking is key so order those Business cards
ADMINISTRATIVE
Open a business bank account
Set up an accounting system or hire a bookkeeper
Delegate work with co-founders.
Put everything in WRITING, at all times.
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