You may decide to offer the same kind of Job Function Email List product or service that the other businesses in your niche offer. You may also, on the other hand, opt to come Job Function Email List up with a something different. It may be something totally new or an old product or service offered with a twist. Have I prepared a one-year Job Function Email List cash flow projection? The cash flow projection will be your estimate or expectations of the cash inflows and outflows your business will be experiencing in its first year of operations. It will help make sure your will be Job Function Email List able to maintain the liquidity of your enterprise.
Have I got all the necessary Job Function Email List e-commerce tools in place? Have I taken all necessary insurance policies? In case I plan on selling on credit terms, have I decided on my credit rating policy? All businesses that allow credit purchases from their customers should Job Function Email List implement a credit rating policy to avoid transactions Job Function Email List with consumers with poor credit ratings. With this you will earn the respect of good paying customers while Job Function Email List at the same time keeping customers who do not pay on time away.
Have I completed my written business plan? A formal business plan in hard copy is essential to the proper management of any business. It should Job Function Email List cover pre-opening, first year and long-term plans. The business plan will not only provide you with something to follow but will also aid you discover any weaknesses in your planning process which in turn will help Job Function Email List you learn and improve. It will also help attract investors as it will give them the impression that you are a well-organized business. Have I taken time to learn and gain Job Function Email List practical experience about the basics of my business?