Your Pre-Business Checklist
The final step before developing your business plan is to go through the pre-business checklist. You should answer these questions:
What services or products will I sell? Where will my business be located?
What skills and experience do I bring to the business?
What will I name my business?
What equipment or supplies will I need?
What insurance coverage will be needed?
How much money, if any, will it cost to start my business? Will I need financing?
What are my resources?
How will I compensate myself?
Your answers will help you create a focused, well-researched business plan that will serve as a blueprint. The plan will detail how the business will be operated, managed and financed.
To help you generate creative ideas, visit these websites:
Creative Education Foundation – http://www.creativeeducationfoundation.org
National Collegiate Inventors & Innovators Alliance – http://www.nciia.org
- Junior Achievement – http://www.ja.org
After you have developed your idea, visit these websites to keep your business moving along:
JA Titan® – test your skills in running a business in this ultimate business simulation – http://titan.ja.org
Entrepreneurship Education – http://eweb.slu.edu/youth_entrepreneurship.htm
National Collegiate Inventors and Innovators Alliance – http://www.innovationtools.com
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