How I Survived Breast Cancer The officially acclaimed Breast Cancer Awareness Month of Oc... Learn more
4Tips to Succeed on LinkedIn If youZre not active on LinkedIn, youZre missing a great op... Learn more
The Best is Yet to Come Fashion designer Lobnan Mahfouz Jr speaks candidly to Maste... Learn more
Taking on a new Business is a serious decision. It is important to plan exactly what you will need to do to ensure your venture will be a success. Only then can you judge whether you are likely to be able to achieve the income and rewards that you desire. Most importantly, each also has its own funding requirement, something you should seriously consider.
Partners may also want to be convinced that you know what you want to do, and that your plans are right. For these reasons it’s important to make a complete feasibility study and business plan.
Setting up a business is divided into seven main sections designed to guide you through the various elements of preparation for moving forward
• The money you’ll need
• Prior preparation
• Legal and financial preparation
• Operational administration
• Equipment
• Staff
• Licenses and licensing
A business plan helps you
to:
• Consider all aspects of the business
• Decide the best course of action to take things forward
• Have a clear understanding of the New Business and how you can make it work
Masterminds experience in financial feasibilities, valuations and Business Plans covers a wide range of industries and transactions, bringing you the added-value of our insight into key factors of relevance to the study of your project or company.