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I have a business idea, who can I speak to?
So I have this business idea for a store but I have no background in business or management but I really want to get this idea jumpstarted. Is there someone I can speak to or some steps to take?
To know more idea click here: www.bunabee.com
To know more idea click here: www.bunabee.com
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It may not be a bad idea to look for lawyers or legal firms who offer free consultations and specialize in business. Use the time to ask them about al legal areas you need to cover, documents you need to have and insurances you need to purchase to protect you from liability, damage and other risks. That way, you know you have covered all of your bases.
You can also do things like surveys, focus groups and questionnaires to learn about your target audience. Running a competitive analysis and doing extensive market research are also important factors before you delve too far into business. That way you know the competition in the market, their price points, their strength and weaknesses, etc.
Community Manager
StartupNation, LLC
1. Your spouse
2. A lawyer
3. An accountant
4. A trusted adviser or business coach
5. A banker
Once you have an idea that you think has business potential, don't keep it to yourself!
Share it with trusted associates for their help in refining and perfecting your vision.
And don't forget that even people who aren't involved in your business can provide vital feedback by playing prospective customers.
Getting honest feedback, while sometimes painful, is an essential first step in turning your business dream into a reality.
Your consumers. Talk to your ‘potential’ consumers, or your target audience.
Why?
All these things will help you at later stages - be it in fundraising, or shaping up your business.