21st Century Student FinLit -Getting Personal SW

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LET’S PRACTICE

Name: _____________________________________________________________________________

Are you an LLC, corporation, partnership or sole proprietorship? Why is that the best structure for your business?

Organization & Management _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Product or Service _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Marketing _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Sales _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________

PRODUCT PREVIEW

What do you sell? How does your product or service provide something of value to customers? What makes it special or unique?

How will you market your business? Which ad platforms will you use? What is your SMM strategy? Who are your target customers and how will you reach them? What is your message?

How will you sell your product or service? What are your revenue targets? How will you increase your profit margin?

Chapter 12 | Small Biz Whiz 234

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