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