KNOWING WHAT EQUIPMENT YOU NEED AND THE PRICE
In the early parts of starting a business identifying the equipment that you need is very important. It is even more important in this phase that you know how much the things you need to operate will cost you.
Ask yourself these questions
- What do I need to make my business fully functional?
- From major ticketed items to laptops to pens list everything you need.
- What items do my competitors have that make them successful?
- If you are able visit the storefronts of your competitors to see what type of things they have inside of their store. Look on Pinterest and Google for inspiration and ideas.
After you’ve put an amount to all of the equipment and supplies you need. Once you know what you need go to Amazon or the specialty stores up add the things you need to your cart and save them. It’s now time to total; all of the costs from the various carts you have.
Remember this number because once you start developing your business budget you will need to know what amount you need to save for.
There is a section of your budget plan that will allow you to save for all the equipment you need.