The 20 Most Important Questions In Business

by Christopher Steiner and Brett Nelson
(I got this from an email called "The Agurban," and they sourced this material from Forbes Magazine.)
Entrepreneurs can't completely inoculate their businesses from the vagaries of the market. What they can do is wrestle with the fundamental questions that govern the fate of any enterprise. We've done our best to compile the 20 most important ones...
1. What is your value proposition?
2. Does your product address a viable market?
3. What differentiates your product from the competition?
4. Does the business scale?
5. How committed are you to making this happen?
6. What are your strengths?
7. What are your weaknesses?
8. What price will your customers pay?
9. How much power do your buyers have?
10. How much power do your suppliers have?
11. How should you sell your product?
12. How should you market your product?
13. How big is the threat of new entrants:
14. How do you protect your intellectual property?
15. How much start-up capital do you need?
16. How will you finance the business?
17. How much cash do you need to survive the early years?
18. What are your financial projections?
19. How do you keep the help happy?
20. What is your end game?
For more information, see Forbes at http://www.forbes.com/2010/06/17/most-important-questions-in-business-entrepreneurs-management-small-business_slide_2.html