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10 Questions Before Starting a Business?

Oct 14, 2015 12:10AM PDT

I am thinking over it from short period of time and Here are the 10 questions that I have researched to make sure we are thinking about the right key business decisions: These are the ones:

Why am I starting a business?
What kind of business do I want?
Who is my ideal customer?
What products or services will my business provide?
Will I need to get a loan?
How soon will it take before my products or services are available?
How long do I have until I start making a profit?
Who is my competition?

What other important points(other then mentioned above) have to think about before starting any business ? Please share your thoughts here.

Build The Plan

Discussion is locked

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Isn't this a near copy of this gov web site?
Oct 14, 2015 7:15AM PDT
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Yes it was the part of my research.
Oct 15, 2015 9:54PM PDT

I am searching over business start-up strategy. However, during my research I came to to some informative websites that are important for the same. And yes the website you have mentioned was also the part of my research.

Can you tell something strong idea other than above. Your tips will be highly appreciable!

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So where are your ideas?
Oct 19, 2015 9:04AM PDT

What did you learn over the years in business?

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It is the backbone for all business, either small or large.
Oct 20, 2015 11:11PM PDT

From the experience of years, I want to say one thing in short that: Every business require planning, either it is small or large scale business . It is the backbone for all the businesses and also the best parameter to predict the possibilities of growth of the same.

Your thoughts and ideas will be highly appreciable.

Note: commercial link removed by moderator.

Post was last edited on October 21, 2015 12:05 AM PDT

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I take it you are here to promote your site?
Oct 21, 2015 9:20AM PDT

I didn't edit out your link. Another mod did that.

There's so much plagiarism out there today and folk seem OK with it until they feel ripped off on their own ideas.

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I am not here for the sake of promotion only
Oct 26, 2015 10:12PM PDT

Hello R. Profit.

I am sorry for the inconvenience anyhow if caused by me . I am not here for the sake of links only. I am business plans consultant *** writer based in New York.

Yes, I am using my company name and website links at the bottom of posts, Can you tell me what is the ideal ratio to use the company name or website links in the posts we made so that it will not look like or do spamming in the forums .

Your suggestions are highly appreciable.

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What is best for online business is making a huge downline
Nov 2, 2015 5:12AM PST

You must have a tons of fixed customers and downlines to make profit in this case which sure takes time to spread and expand.

Your advice are highly appreciable .Thanks Jordan Chowdhory

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I Agree
Oct 22, 2015 2:07AM PDT

I Agree With You But Most Important Question Is Capital.

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Yes, You Are Right!
Oct 26, 2015 10:13PM PDT

Yes , you are right capital plays a major role along with other factors.

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Nice questions
Oct 16, 2015 5:13AM PDT

I like these questions

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Briliant Questions for any statup
Oct 19, 2015 5:33AM PDT


These questions are very important for us, or even every business can use these questions.
thanks for sharing. be continue.

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Nov 1, 2015 7:22PM PST


Think about the location of your business. Location has a big role, it seems you have to consider the customer needs in a place. Also checking your competitor will give you an idea if you are going to stick on the product or create a new one.

If your business requires an employees, you should have to find an active, creative and loyal attitudes. They are the one who will help you to grow your business.

Have a nice day!

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Human Resources
Nov 2, 2015 11:24PM PST

I think you almost covered all except for the part where you didn't ask the question regarding human resources. Work force is a one of the very important element of a business since they are the ones who deliver or perform and building a relationship with the customers. This is also important because placing the right people equipped with skills and capabilities should be able put in a job that is suited with what they can do.

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Yes , you are very right!
Nov 18, 2015 3:48PM PST

Yes, I have skipped this one . I know it generally, but not in mind when creating the list of questions. Employees are really the important factor for wither growth or decline of any business.

One have to take decisions wisely before hiring the employees.