#1 If I want to start a new business do I need to have a business plan?
Having a business plan makes starting your new venture a whole lot easier. It's like having a GPS when traveling to a destination you have never been to before. Your business plan will help you make the necessary step in the right direction, ultimately saving you time and money.
#2 What is the Best Way to Target New Customers?
To reach customers you need to have a customer profile based on demographics, psychographics, and geographic range. With that profile, you know what the customers need, what they want, and how to motivate them to buy with a combination of social media, direct marketing, advertising, direct selling, and in some cases, special events.
#3 How do I Tell My Brand Story?
You need a dynamic marketing strategy that considers using your company's budget to gain exposure for your brand.
#4 The Capital Budget is the money needed to launch the business or launch a new product?
#5 The most valuable assets in your business are your skills and knowledge. Product knowledge is equally important as strategic leadership on how your business should be managed and operated. A solid management team with experience, backed by sufficient funding is a success formula.