Business planning - helpful questions (III)
Updated: Mar 3
Third set of questions:
Legal environment
Who will be the owner of the business?
In which sector does the business work (primary, secondary, tertiary)?
Where is the business operating?
What is the legal status of our company (LLC, LTD, etc.)?
What are the needed authorizing papers to implement our activity (health, environment, veterinary, etc.)?
What kind of insurance would we need (health, products, buildings, goods, cars, etc.)?
What are the local/regional/national/international fiscal facilities we could benefit with our type of product/service?
The headquarter and the working space
Where will your headquarter be?
How much space would you need for the office part?
How much could you spend for the offices and its maintenance?
How would you divide the working areas in according to the departments?
What are the reasons to choose one place or another like being close to your market, clients, suppliers, staff; the available infrastructure, costs (renting, buying, renovating and maintenance); ways of distribution and access to it, equipment needed?
What does the area offer as location, surface, facilities, potential staff, etc?
Would you need an expansion of space? Could this place provide it? What alternatives do you have and what do they offer?
What natural calamities might affect you and how?
What types of places do you need for this - production, sales and customers interaction, depot, creation, no office (online trading), etc.?
Suppliers and partners
From where do you plan to get your resources?
What type of business contract could you have?
Do you have a real option to choose your suppliers/partners?
What criteria should be adopted while choosing the suppliers for the raw materials?
How will you make your partners stay?
What is the profile of your supplier - who are they, who do they work with, what type of products/materials/services do they offer, what's the (dis)advantage of price-quality, what offers do they make, how much can you negotiate and what are the conditions for this, etc.?
How can you collaborate with them? How can you support each other?
What are the delivery, transportation and payment conditions?