Start Your Business

Answer the following questions about what kind of business you would open. Elaborate on your answers.
Name: 


  1. How can you describe the business...in only one paragraph please?


  1. What is your product, or service?


  1. Who will buy it?


  1. Where should you locate the business?


  1. How can you attract customers?


  1. What is your competition?


  1. How much should you charge for the products or service?


  1. What advice do you need and who can provide it?


  1. How will you organize the managers and/or workers of the business?


  1. How will you split the profits? Who is responsible for the losses?


  1. What should you consider to be able to produce the product and get it to the customer?


  1. How much money is needed to get the business started?


  1. How many customers will you have per month and how much will they buy per month?


  1. How much does it cost to make the product or provide the service?


  1. What are your operating costs? (Include your own salary)


  1. How much money will your business earn each month by selling your product or service?


  1. How much money do you need to borrow to start this business?


  1. How will you make the business grow in the future?





Mrs. Faust
CTE Teacher/Dept. Chair
Hendrickson High School
Austin, TX