The questionnaire is for business owners, either a beginner or experience person in business needs to know things what makes to be a successful person with entrepreneurial spirit. A business is same for small or large, the strategies followed are same to gain profits, but as a owner you should be very responsible to know how to cope with changes in different sections and handling situations that could gain you profits.
According to my experience business are started if the person is not interested in perusing a job, a person thinks to start a business with the skills he has, like say you are good at technology, you try to start a gadgets business. But, i have also seen people planning a partnership in business, which is a bad idea. It can only be done in large firms, where every thing is organized and agreements are made. In small business most of the time the partnerships never lost long.
Today the online business has been towering to peaks, you can see the number of online business and shopping sites. The competition is very high and people are investing a lot to rank on top. As a business person you should be updated with all new stuff going on in market. With out updating the business goals you can't reach out to be the best. Competitors are always around you to push down.
For example you start a stationary shop, here you need to purchase all the good from a distributes, and also keep updating yourself on what new products have arrived and are these products really been purchased. Have deals with various offices, schools, colleges, universities to get great orders every year. You need to target locally if you have a physical business. The promotional activities should be marketed very well for local business.
If you are targeting global business, then you need to have online website with great promotional activities. One needs to take care of investments made in online business. Have few people working online for promotional activities. Below are few questions a business owner should know before starting a business.
Questionnaire for a Business Owner:
- Why have you stepped in business field?
- Are you taking over the business of your parents?
- Do you have experience in running the business?
- Are you looking to start a new business?
- If so how good are you at the new business?
- Have you ever though about the business location and its importance?
- Are you planning for online eCommerce business?
- If so, which products? A single niche or multiple niche website?
- Do you know how to handle the workers?
- Are you aware of the competition in your business?
- How much do you think you can invest for the business?
- Do you know about the profits you can make on daily and weekly basis?
- Are you targeting local or global business?
- How do you make marketing strategies?
- What are you cash flow strategies?
- If there is sudden problem in business, how do you go a head?
- Have you started the business getting a loan from the banks?
- Do you look for quality products?
- Do you take feedback from customers about the products and services?
- How do you hire new employees?
- Do you sell seasonal products?
- Is the business running under partnership? Have made effective partnerships agreements?
- How good are your sales persons?
- How many clients do you have? How trustworthy are the clients?
- How do increase the clients list every month?
- How do you handle failures in business?
- If you are in losses, how do you handle the situation?
- How are the billing records maintained? Do you use normal paper files or online billing?
- Do you know about the business registrations and tax payments?
- Do you know what you are paying for, the rent, products, employees, power bills, maintenance, taxes etc?
- How do you prepare the business plans?
- What strategies you use to check practical business issues?
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