starting a business Are you interested in starting a business? Name(Required) First Last Email(Required) Answer the following questions thoroughly to help clarify your vision and understand the challenges ahead. This survey may take some time to fill out in detail. Please give this proper consideration and use the "Save and Continue Later" function to come back to your answers later.Starting a business takes a big commitment of time and effort. This survey is designed to help you carefully think through what it takes to start and run a successful business. Use this survey as a tool to help you you clarify your vision, understand the challenges ahead, and get ready for the exciting work of entrepreneurship. We want to support your journey. We will not be funding or investing in any individual business ideas. If it is God’s will, He will provide the resources you need. We are here to offer wisdom and share best business practices.1. The Problem:Every strong business begins by solving a real problem. Identifying the problem clearly helps ensure your idea addresses a true need and creates value for others. This is the foundation of your business’s purpose and relevance.What is the problem you're trying to solve by starting this business? Who has this problem? Why is it important to solve this problem?(Required)2. The Solution:Once you know the problem, it’s time to describe how your business will solve it. A clear solution shows how your idea meets the need in a practical, effective way. The stronger your solution, the more confidence others will have in your business.What is your solution to the problem? How does your solution work? What makes your solution unique or better than other options?(Required)3. Understanding the Market:Knowing who your customers are—and why they need what you’re offering—is essential. A deep understanding of your market helps you make smart decisions about pricing, outreach, and product development. It’s also key to staying competitive and relevant.Who are your ideal customers, and why do they need your product or service? What are they currently using or doing to solve the problem, and what isn’t working? Where are they located, and how will you reach them with your offer?(Required)4. Goals and Motivation:Clarifying your goals and motivations gives your business direction and purpose. Knowing why you're starting this journey will help you stay focused and resilient. This step ensures your vision aligns with your personal values and long-term objectives.Why do you want to start this business? What do you hope to achieve with this business? How will you define success?(Required)5. Resources and Team:No business succeeds alone—your skills, tools, and support network all play a role. Recognizing the knowledge you already have and the people who can support you lays a solid foundation for your business. It also highlights gaps you may need to fill as you grow.What skills, knowledge, or experience do you already have? What resources do you need to get started? Who will help you (team, advisors, supporters)?(Required)6. Money:Understanding your financial needs and plan is essential to building a sustainable business. Whether it’s startup costs, pricing, or expected revenue, clear financial thinking helps you avoid surprises and make informed choices. It also helps you get ready to apply for funding or attract investors.How much money do you need to start? Where will the money come from (savings, investors, loans)? How will the business make money?(Required)7. Challenges:Every business faces obstacles. Thinking ahead about potential challenges helps you plan proactively and stay flexible. This question encourages you to prepare for the hard parts—not just the exciting ones.What could stop you from moving forward? What are your biggest risks or obstacles? What will you do to overcome them?(Required)8. Marketing and Sales Strategy:Even the best product or service won’t succeed if no one knows about it. Your marketing and sales strategy outlines how you’ll attract, reach, and retain customers. A clear plan here increases your chances of growth and success.How will people find out about your business? What will you say to make them interested? How will you sell your product or service to them?(Required)9. Operations:The day-to-day operations of your business are essential to turning your big ideas into reality. You will need to determine how you deliver your product or service efficiently and consistently. Good systems and planning keep things running smoothly.What are the key activities you need to do regularly? What tools, systems, or partners will help you deliver your product or service?(Required)10. Legal and Registration:Every business must follow certain legal requirements. Understanding what’s needed to register and operate legally helps you avoid costly mistakes. This also builds trust with customers, partners, and investors.What legal steps do you need to take to register or protect your business? Are there any licenses, permits, or insurance requirements?(Required)
