Starting a Business Quiz

1. What’s my number one reason for starting a business? My second reason?

2. What will success look like in my business in 1 year? 5 years?

3. What kind of business do I want?

4. Am I prepared to spend the time needed to get my business started?

5. How will I set up the legal structure of my business?

6. What products or services will my business provide?

7. What types of suppliers do I need?

8. How soon will it take before my products or services are available?

9. Where will my business be located?

10. Am I prepared to spend the money needed to get my business started?

11. Is my credit good?

12. How much money do I need to get started?

13. Will I need to get a loan?

14. Who is my competition?

15. How will I price my product compared to my competition?

16. Who is my ideal customer?

17. How will I advertise my business?

18. What differentiates my business idea and the products or services I provide from others in the market?

19. How long do I have until I start making a profit?

20. How will I keep track of my sales, expenses and income?

21. What taxes do I need to pay?

22. How many employees will I need?

23. Do I need to protect my products or business?

24. What kind of insurance do I need?

25. How will I manage my business?




Business Name