Verdure and Co. - Business Success Guide

Business Success Guide

Your interactive roadmap to starting and scaling a successful business

Powered by Verdure and Co. - Small Business & Nonprofit Management

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πŸ“‹ Stage 1: Business Planning

Lay the foundation for your business success with thorough planning and research.

Define Your Business Idea

Write a clear one-sentence description of what your business does and what problem it solves for customers.

Action steps: Write down: "My business helps [target customer] solve [specific problem] by providing [your solution]"

Research Your Market

Study your potential customers and competitors to understand if there's demand for your product or service.

Action steps: Survey 10-20 potential customers, research 3-5 competitors, and check Google Trends for your industry keywords

Write a Simple Business Plan

Create a 1-2 page document outlining your business goals, target customers, and how you'll make money.

Action steps: Include: business description, target market, pricing strategy, startup costs, and 6-month revenue projections

Calculate Startup Costs & Funding

List all expenses needed to start your business and determine how you'll pay for them.

Action steps: Create a spreadsheet with equipment, supplies, licenses, marketing, and 3 months of operating expenses

πŸ’‘ Pro Tips

  • β€’ Start with a minimum viable product (MVP) concept
  • β€’ Validate your idea with potential customers early
  • β€’ Keep your business plan flexible and adaptable
  • β€’ Consider bootstrapping vs. external funding carefully

🎯 Your Next Actions

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Small Business & Nonprofit Management Company

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