Appendix - Resumes of principals/management; letters of recommendation from current business associates/customers/suppliers; marketing research data; demographic data; leases or contracts in place or as promised; business licenses; price lists from suppliers; trade or industry articles or data; floor plans; information on subcontractors; liability insurance policies.
Risk Assessment - What weaknesses are inherent in this venture? What vulnerabilities face this type of venture? What impact will these have? What new technologies may affect this venture over the next 1 to 3 years? What contingency plans are in place? What level of liability insurance is required? What does it cost? Who is the carrier? Possible Data Sources: trade associations; trade journals; Service Corps of Retired Executives (SCORE); industry salespeople; customers; focus groups.
When people think about getting into some kind of business, the first thing they should do are look for reputable small business consultants. These are individuals who have years of industry experience and can structure your organization in a manner ensuring positive results.
These highly trained professionals can also assist in calculating start-up costs, bringing in investors, and projecting profitability studies. Small business consultants also help you source funds by preparing financial documents presenting you in the best light possible to potential lenders and institutions. They can also help you devise business strategies that help you stay ahead of the competition.