Episode 89 dives into Part 2 of How to Start a Business. If you haven't listened to Part 1 (Episode 88), then do that first. This is a multi-part series that speaks to individuals who are interested in starting a business. We're also speaking to already established businesses that need a refresh or reset. So whether you are starting brand new or doing some light (or major) overhauling, this multi-part series is aimed to help you achieve your goals.

In this episode, we help you answer questions about:

• The type of company you want to launch and WHY?
• Is this an interest or commitment? Hobby or business?
• Examining the industry
• Your product and service offerings
• Is there a need, and how do you know?
• Market research
• Your competition and how they have gained and maintained competitive advantages
• Tier-level comparisons of your competitors
• If your competition is your current or previous employer
• Customer reviews — side-by-side comparisons
• Selling in online, on-site, or hybrid environments
• Visualizing ideal customers/clients
• SWOT analysis and your personal SWOT — and the endless benefits

And yes, you do have a homework assignment. This is about active participation, not passive listening. Your efforts will determine if this is something you are simply interested in or something you're willing to commit to for the long run.

Make sure you have something to take notes with because we're going deep and it's gonna get intense!

SHOW INFORMATION:
Company: Foreman & Associates, LLC
Website: https://ForemanLLC.com
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HOST: Natasha L. Foreman, Managing Director, Foreman & Associates, LLC
Website: https://NatashaForeman.com
IG: https://instagram.com/NatashaLForeman
FB: https://facebook.com/NatashaLForeman
Twitter: https://twitter.com/NatashaLForeman
LinkedIn: https://linkedin.com/in/NatashaLForeman

Theme Song: “Higher Up” by Shane Ivers
Business Shout-Out Segment Song: “Pulsar” by Shane Ivers
Copyright 2023. Foreman & Associates, LLC. All Rights Reserved.