Business Magic

You need to think about the kind of business you will be in.  Will you be creating a product or supplying a service?  Will you be a boutique business catering to small specialized customer base, or a large business serving the general public?  Who will your competitors be?  What of business entity will you be: a sole proprietor, a partnership, a limited liability company, or a corporation?  Will you be creating products or supplying services?  Will you charge premium prices, current market rates or bargain prices

You need to think about these things in as much detail as possible.  Try to envision your future business as though it has been in operation for a couple of years.  What does your business place look like?  Where is it located?  How many people are working there?  How many products or services are you offering?  What is the NAME of your business?  How much money are you making?  This is a technique I call remembering the future and I will be posting future articles about this devise. 

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