The Candid Truth Regarding Your Business
29 Questions that will help you Determine whether What You are Doing is really a Business or perhaps a Hobby
Are you currently a real business proprietor and entrepreneur? Or are you currently going after your company dreams a lot more like a spare time activity but might not really bear in mind this really is what is happening?
In meshing personal and business existence previously…
I required considerable time off after i felt enjoy it… ,
I labored round the kid’s school schedule and family meals… ,
basically did not seem like making requires a couple of days, I did not make sure they are… ,
once the sun arrived on the scene, the children and that i headed towards the park and work was the final factor on my small mind… ,
I’d easily fit in a couple of hrs in some places to operate on my small business… when time permitted throughout my other commitments…
How about you? Would you let family, buddies along with other factors get you from caring for your business? Or are you currently 100% committed and committed to your company success?
Here are a few questions you are able to think about to assist – you may be surprised with a few of the solutions if you are being honest on your own!
Are you currently obvious in your business’s focus – have you ever defined the service or product you provide and also have stuck into it or are you currently constantly testing out other activities?
Have you ever registered your company name together with your municipality?
Have you got a business licence together with your neighborhood?
Have you got a dedicated business line? A toll-free number?
Have you got business insurance?
Have you got legal contracts in position coping with issues related to your company?
Have you got a clearly defined mission statement?
Have you got a strategic business plan? One which provides you with a good blueprint regarding how to achieve your company goals and just how much it is going to cost?
Are you aware who your competition are and what they’re doing?
Is the business scalable in a manner that it does not rely on you being hands-on 100% of times?