6054800
Description
Mind Map by Micheal Heffernan, updated more than 1 year ago
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Created by Micheal Heffernan
about 8 years ago
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8 Questions to Ask Yourself
When Starting a Business
- 1. What initial investment will the
business require?
- 2. How much control are
you willing to give to
investors?
- 3. When will the business
turn a profit?
- 4. When can investors
(and you) expect a return
on investment?
- 5. What are the projected
profits of the business over
time?
- 6. Can you financially devote
yourself to the business full
time?
- 7. What kind of salary or profit
distribution will you be able to
take home?
- 8. What are the chances the
business will fail? What
happens if it does?
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