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PreStartupAssessments
PreStartupAssessments
PRE-STARTUP ASSESSMENT
Reference Number
Score
0
PERSONAL FACTORS
1. Have you been in business before?
TRUE
NO
2. Do you know that you might have to work 12 to 16 hoursper day to make the business successfull?
TRUE
NO
3. Are you prepared to lose your savings and income?
TRUE
NO
4. Are you sure that you want to become an entrepreneur?
TRUE
NO
Assessor Comments
SKILL FACTORS
5. Are you satisfied that you have the required TECHNICAL skills for your specific planned business?
TRUE
NO
6. Are you satisfied that you have BASIC BUSINESS skills for your specific planned business?
TRUE
NO
7. Are you satisfied that you have the required MARKETING skills for your specific planned business?
TRUE
NO
8. Are you satisfied that you have the required FINANCIAL skills for your specific planned business?
TRUE
NO
Assessor Comments
TYPE OF BUSINESS
9. Do you know exactly what business to start?
TRUE
NO
10. Do you know what products or services to sell?
TRUE
NO
11. Do you know who will buy your products or services?
TRUE
NO
12. Do you have the right location for your business?
TRUE
NO
13. Do you know who your competitors are?
TRUE
NO
14. Do you know what the prices of your competitors are?
TRUE
NO
15. Do you know who your suppliers are?
TRUE
NO
Assessor Comments
MARKETING FACTORS
16. Are you sure that your business will fill an unserviced need?
TRUE
NO
17. Can you compete with other businesses?
TRUE
NO
18. Do you know what restrictions, e.g. licences, etc. exists?
TRUE
NO
19. Do you know what capital is required to start?
TRUE
NO
20. Do you know what net income you will make the first year?
TRUE
NO
21. Do you know what expenses you will have?
TRUE
NO
22. Do you know what risks are attached to the products/services?
TRUE
NO
Assessor Comments
TARGET MARKET: ASSESSING THE MARKET
23. Will you risk your savings and house for this venture?
TRUE
NO
24. Is there really an adequate market for the products and services?
TRUE
NO
25. Do you have most of the skills required for your specific business?
TRUE
NO
26. Have you done a feasibility study for your planned business?
TRUE
NO
27. Is it a proven business idea? Has it worked well for others?
TRUE
NO
28. Have you taken advice from a reputable third party, e.g. Bank Manager or Legal Advisor?
TRUE
NO
Assessor Comments
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