1. What is your Unique Value Proposition(UVP)?
Clearly define what sets your business apart from competitors.
2. Who is your target audience?
- Identify and understand the demographics and needs of your ideal customers.
3. What are your short-term and long-term business goals?
- Have a clear roadmap for both immediate objectives and overarching aspirations.
4. What is your revenue model?
- Understand how your business makes money and ensure it aligns with your overall strategy.
5. How do you plan to market and promote your business?
- Outline your marketing strategies to reach and engage your target audience.
6. What are the potential challenges and risks for your business?
- Identify possible obstacles and have contingency plans in place.
7. How do you handle customer feedback and complaints?
- Demonstrate a commitment to customer satisfaction and continuous improvement.
8. What is your finance plan and budget?
- Clearly outline your financial goals, projections, and allocation of resources.
9. How do you stay informed about industry trends and changes?
- Stay current with industry developments to adapt and innovate accordingly.
10. What is your leadership and team management approach?
- Clearly define roles, foster a positive work culture, and lead by example.