16 Questions you have to be able to answer if you want to start a business

  • What your business does?
  • What problem does it solve?
  • How far along you are(ie pre -start up, established company etc)?
  • Who are your customers?
  • How big is the market?
  • Where do you fit into this market?
  • Have you done the correct market research?
  • Have you patent protected your product(Include proof)?
  • Have you any sales or orders to date(Include proof)?
  • Who’s in your team?
  • Have they got what it takes to make your business a success?
  • Have they had previous success(include proof)?
  • What are their roles in your company?
  • What deal are you offering investors?
  • What return can they(Investors) expect on their Investment?
  • Do you have an exit strategy?

 

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