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Beginning business
Planning what our business will be about, budgeting and getting a project, service or product to sell to the public. -
20
Target Market
Researching into what type of people we want to sell our product and services too and make it available to them. -
20
Market research
Looking at what our target market buyers want, and who and what are they looking for in what we are selling. -
20
Advertising
Looking for ways our product can be advertised using social media and ways our target market will be able to view it. While researching best ways for advertisement it showed a lot of social media platforms. The best way to advertise is with social media because it helps with targeting customers, platforms like Facebook are good at getting ideal buyers. -
20
Advertisement evaluation
Seeing how our advertisement went with getting profit and customers and how we can increase or adjust what we put out. -
20
Logo
Coming up with a logo to draw costumers eye and make our product more stand out-ish to our target market. -
20
Sales forecast
Getting a Realistic number of our sales, we can do this by recording what we have sold and how we can predict future sales. -
20
Products
Giving the customers new services and product for their best suited needs and wants. Upgrading and being beneficial to our company and costumers. -
20
Funding
Before we enter into officially selling the product and service we need funding, we can use sites and companies like. https://www.myob.com/au/blog/government-grants-startups-small-businesses/ -
20
Developing new ideas
Just a day of coming up with ideas to improve ourselves. -
20
Location
Finding a start up location for a proper set up to increase employees, employer and customers satisfaction. -
20
Going to conventions
Going out into the public eye to encourage and gain support, to intervene and let the public ask questions. -
20
Competitor analyses
Getting research done on those that are competing against us and see where we can improve with this research. This research can help us by understanding what our target costumers are looking for, its also helps with what we can do to benefit the costumers and help us with what we can offer in product and services. -
20
Expanding our products
From the feed back and from our prototypes we can continue to improve with our company. -
20
Promotional material
Designing new advertisements to increase profit and keep customers up to date with us and out policies. -
20
Websites
Acquire someone with site making knowledge to design and make a website for our product and services. The website is where the costumers most likely will come first when looking at our product and will be able to see the businesses contacts. We'll need the website to represent our business and show all information and help centres. -
20
Partnerships
Partnerships with other companies, products or services to help build a strong and beneficial business. -
20
Website updates
Keeping up to date to make the website informative and safe. -
20
Update Logo
Give a new Logo style, having a fresh logo to the growing consumer market. -
20
Informing customers
Let costumers know when things have changed or about their product. We can do this by sending notifications or emails to said costumers. -
20
Adding insurance
Making sure everything is kept under control and is protected so we have a back up.Being a small business we can be easily swept under the bus, and any potential mishaps that could happen by the hands of our company to a costumer can be sorted. It is also a relief to know if a fire for example happens the company will be protected. -
20
Costs
Making our product and services affordable and adapting to changes in the market. Continuously checking and researching. With the the results from the sales we then can put that into statistics and then from there we can look at our costs. -
20
Employees
Making sure the employees are well trained in copy with the technologies used in our product and are able to receive a well kept pay check. In a Security company we will need, electricians, people with a education in tech, sales persons. We can advertise positions for our company via Facebook and on our website. -
20
Budgeting
Keeping up to date with the financials and making sure our budget isn't strained. Making up plans and back ups to strategies for unknown events that may take place. We can do this by recording our income, looking at what we need and how that gets into our savings, we then can make statistics around the evidence we collected. -
20
Documentations
Keeping everything documented so nothing is lost and make sure we are prepared for any mishaps in the future. -
20
Self sustaining
Becoming less reliant on funding and more budgeting from our sales. -
20
Becoming self sustained
Keeping our business up and running. -
20
Sales
Formatting ways to prevent the sales to decline and keep the business open and running. Sales can also help with budgeting as it contributes to our business's market statistics. -
20
questions about our product
Putting our questions out to the public and organised how it will help our company in improving us and our services. we can use sites like survey monkey with this. https://www.surveymonkey.com/welcome/sem/?program=7013A000000mweBQAQ&utm_bu=CR&utm_campaign=71700000058894577&utm_adgroup=58700005408391119&utm_content=43700049188982276&utm_medium=cpc&utm_source=adwords&utm_term=p49188982276&utm_kxconfid=s4bvpi0ju&gclid=EAIaIQobChMIpLv5htHD6AIVwY2PCh3i8gXBEAAYAiAAEgIVZvD_BwE -
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Secondary research
Gathering data on how people have used previous products, these products could of came from our competitors and what their feed back is. We can also gather this info from newspaper and other medias from how the public felt about our services and product.