business startup checklist
I. Business Planning
- Brainstorm your interests and skills.
- Identify potential products or services.
- Assess uniqueness and market need.
- Articulate your value proposition.
- Create a concise elevator pitch.
- Analyze industry trends and competitors.
- Use surveys and interviews for insights.
- Gather data on customer preferences.
- Evaluate market size and growth potential.
- Compile findings into a report.
- Segment the market based on demographics.
- Consider psychographics and behavior patterns.
- Create customer personas for clarity.
- Assess needs and pain points.
- Determine how to reach them effectively.
- Outline executive summary and vision.
- Detail market analysis and strategy.
- Explain organizational structure and team.
- Include financial projections and funding needs.
- Review and refine for clarity and focus.
- Establish short-term and long-term goals.
- Ensure they are SMART (Specific, Measurable, Achievable, Relevant, Time-bound).
- Align goals with your business mission.
- Prioritize goals based on impact.
- Create a timeline for achievement.
Use in Manifestly