Starting a small business
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Question 1 of 4
What are some ways to research your target market?
Existing data for your industry
Hiring an accountant
Registering your business on Companies House
Asking for funding from the bank
Looking at competitors
Feedback and surveys
What are some of the legal requirements you will have to consider when starting a business?
Data protection
Business plans
Employment rights
Company ethos and values
Health and safety
Paying bonuses and commissions
What informative sections should your business start-up proposal contain?
Finance / funding
Target market
Personal details of employees
Executive summary
Contents page
Which one of the below is a good technique for identifying your own strengths and weaknesses as an entrepreneur?
Profit margin
Costs / benefits analysis
SWOT analysis
Competitor analysis
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