“ Twenty Business Start-Up Questions”

If the answers to any of the following questions is no, then your business idea will benefit from a

“Business Feasibility Study & Financial Forecast” which will answer all.  

1.             How many products and / or services will I sell each week ? Each month ? in my first year ?

2.             What is the Cost price ?  Sell price ?  and the % Contribution for each product ?

3.             What do I project my Total Sales Revenue will be for year one ?

4.             What do I project my total Cost of Sales will be for year one ? 

5.             What do I estimate my total Overheads to be in year one ?

6.             What do I estimate my Start-up Costs to be ?  How much do I have available to invest ?

7.             What Physical Assets do I require to start-up ? Do I have any ? Will I buy or lease them ?

8              What funding do I require to start and run the business ? What will the funding cost ?

9.             Will I be in a position to repay any loans or leases ?

10.           Will the business make a Profit in year one ?  Or just pay me a wage / salary, if that ?

11.           Will I get a good return on the money I  invest in the business ?

12.           Will I get a good return for the time and effort that I plan to put into the business ?

13.          Do I  know what sales revenue I require to Break Even ?

14.          Do I have a month by month Cash-flow Forecast in place for year one ?

15.          Have I considered my Debtors and Creditors Control Policy in my Cash-flow forecasting ?

16.          Do I have a Profit /Loss Projection for each of the first 12 months ?

17.          Do I know the % Contribution to Sales & Profit for each of my Products / Services ?

18.          Do I know how much VAT and Corporation Tax I will be liable for in year one ?

19.          Do I know specifically what I need to do, to be profitable and receive a good return ?

20.          Is my business likely to succeed ?

If the answers to any of the above questions is no then your business idea will benefit from a

“Business Feasibility Study & Financial Forecast” which will answer all. Benefits of the study will be:

you will identify ; the necessary funding to start up and run the business and ensure positive cash-flow,

whether or not your business plan will be profitable and the specific corrective actions necessary to make it.

The investment fee for this service for a small to medium size company is from €850 + VAT @ 23%.

Should you require this or any other business management service, please do not hesitate to contact me by, e-mail or directly on 087-2776063 . I look forward to hearing from you.

Yours sincerely. 

Seamus Cody

http://www.fingalenterpriseweek.ie/Schedule-of-Events/Business-Start-Up-BootCamp