View Full Version : I have an idea....what do i do now?
31-12-2002, 12:19 PM
Can anybody help??
I have finally decided to put an idea that i have had for a few years into practice but there is so much to think about. Where do i go from here, what are the first steps?
Happy New Year All!!
31-12-2002, 02:15 PM
Hello Lee. Firstly, you need to think about pricing, distribution and supplying the products/ goods you have in mind. This will vary from product to product, but thats a start. See how much your competitors are selling the same items/ services for and that should give you a target price to aim for. (Or undercut)
Then you need to think about premisis (if you need one) or web hosting (if online) along with other over heads. (Rent, rates, licences, phone bills...etc)
Once you have gathered some figures and you have a rough idea on the above, contact your local Business Link who should be able to help you in putting your ideas and figures into a practice. (Business plans, banking, profit/ loss....etc)
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