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