GETTING STARTED

Outlined below is a list of questions to consider before starting a new business:

• What do you intend to sell? Describe your product or service in as much detail as you can.
• Who will buy what you intend to sell? Describe your ideal customer in as much detail as you can. Be as specific as possible as to who will be your potential customers.
• How much will it cost you to deliver your product or service to your potential customers? Don’t underestimate the costs to deliver your product or service.
• How will you market and advertise your product or service?
• What will it cost to market and advertise your product or service?
• Do you have adequate financing to start your business?
• Don’t underestimate how much money you need to start and sustain your business.
• Do you have the necessary licenses to start your new business? Refer to the OR Corporation Division documents at www.filinginoregon.com.
• Do you have a business plan? To be a successful business you should have one. There are templates for writing a business plan at www.bplans.com.