In evaluating your business there are several factors to consider.
- What is your mission? You should have a clear mission for your business. This includes why your business is important and sustainable.
- Why is your business needed? The service or product you produce should be needed, desired or necessary.
- How is your business different? Your business probably has competition so you should be able to demonstrate why you are the preferred choice.
- Analysis? Through market analysis you should be able to demonstrate the profitability and sustainability of your business.
- Financials? Using Profit and Loss, balance sheets and budgeting you can show the business vitality of your business.
Posted by Mike Cox
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