YOUR BUSINESS IDEA
1 : Do you have a clear problem that your business solves?
2 : Does your business idea add extra value for your customers?
multiple selection is possible
3 : Do think that there is an enough target markets for your business idea?
B
In progress of ascertaining it
4 : Have you done any market research on your target markets?
5 : What is possible size of your target markets?
6 : Do you know the key players in the market?
7 : Do you have an established network in your target market?
8 : How many products or services can your business idea offer?
9 : Do you know any related rules and regulations concerning your business idea?
10 : Do you think that there is an upcoming policy or rules that will affect your business idea?
11 : Does your intending products or services require any infrastructural changes before they can be consumed?
12 : Do you need an intellectual property right to before you can sell your intending products or services?
13 : Do you currently have prototype or solution sample?
14 : Do you know any of your potential suppliers?
YOUR TEAM
15 : Do you have a team or do you think of someone that can be your team member?
16 : Have you thought about a diverse team (people from different background and discipline)?
17 : What skills do you expect your team members bringing to the business?
multiple selection is possible
18 : How often do you think that you can have team meetings?
19 : Have your thought about assigning specific responsibilities for each team member?
20 : Have you thought about having any form of agreement (e.g. partnership agreement, memorandum of understanding, etc.) with your team members?
B
In progress of ascertaining it
YOUR FINANCE SITUATION
21 : Have you thought on how you would finance your business idea?
multiple selection is possible
A
Personal contributions or savings
B
Through grants (from Foundation, European Union, Government agents etc.)
C
Parent organization support
D
Venture capital and business angel
E
Loan or debt (e.g. Banks, Microfinance companies etc.)
22 : Do you have an estimation of needed funds?
B
Yes, but only part of it
23 : Do you currently have any funds?
YOUR MARKET
24 : Do you know your customers (and their characteristic)?
25 : How do you describe their purchasing power?
26 : How to reach your customers?
multiple selection is possible
27 : What motivates your customers to buy other similar products or services?
multiple selection is possible
28 : How often does your customer base change?
29 : Do you have knowledge of how your potential customer reactions to similar products or services?
30 : What advertising channels do your potential customers like to use?
multiple selection is possible
31 : How well do you know the key leaders in your customer base?
32 : Have you visited any of your potential customers?
33 : Do you know the switch cost your potential customer would incur? (Switch cost is an expense that customer incur when changing to use new products)
YOUR NETWORK
34 : Do you have contacts for your business activities?
35 : Who are your potential business partners?
multiple selection is possible
36 : How to attract potential partners?
A
Through a pitch or offer
B
By creating interpersonal relationship
YOUR PREPARATION
37 : Do you know the most important tasks (key activities) for your business?
B
In progress of ascertaining
38 : Do you know how to complete these activities?
39 : Have you thought about any alternative plans in case of unexpected situations?
40 : When do you plan to start your business operation?
41 : What type of business you plan to register?
A
Enterprise or Sole proprietorship
B
Partnership or Cooperative
C
Limited liability company