Preventure Considerations

You should consider the following:

What exactly is my product or service?
Have I identified the buyers of my products/services?
How do I reach my buyers?
Do I have experience and contacts in this field and have I identified key personnel?
Have I tested to be sure they will buy?
Have I identified the sources of my products and/or supplies?
How much money will I need to start?
Where do I plan to get the necessary dollars?
If I am planning to borrow funds, how good is my credit?
Do I have a minimum of 20% of funds needed in cash?
Do I realize I must secure a bank loan with my house?
Have I an accurate list of my monthly expenses?
How much do I have to sell weekly to meet my expenses and is this amount realistic to anticipate?
How much do I need personally from the business to live?
What is the attitude of my spouse and other family members regarding this venture?

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