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      Business Idea Analysis Worksheet

      ExpertHub Staff by ExpertHub Staff
      Oct 29, 2009
      in Worksheets
      229
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      RelatedTopics

      Start-Up Costs Worksheet

      Conduct a Personal Evaluation

      Mission Statement Worksheet

      Business Idea Analysis Worksheet:

      Before you can begin to write your business plan, you may need help figuring out which business idea to go for and if it’s worth pursuing. This worksheet will assist you in finding the best business idea for your new business.

      Instructions:

      • Assign each business opportunity and product a column number.
      • Answereach question along the left-hand side of the form assigning a ratingof 1-3, with 3 being the strongest.
      • Total each column after you’vefinished.
      • The opportunity and product with the highest total pointsare your strongest candidates for success.

      Business Opportunity Analysis

      Business
      Op 1

      Business
      Op 2

      Business Op 3

      Business Op 4

      Relevance of your previous experience to opportunity
      Familiarity with the daily operations of this type of business
      Compatibility of business with your investment goals
      Compatibility of business with your income goals
      Likely profitability of business
      Likelihood of business to meet your desire for personal fulfillment
      Projected growth for the industry
      Acceptability of risk level
      Acceptability of hours you will need to work
      Column Totals
      ExpertHub Staff

      ExpertHub Staff

      ExpertHub’s award-winning team of Staff Writers deliver unique, insightful and curated content from successful business leaders, authors and subject matter experts. This highly-experienced team understands the information that business readers are looking for, what’s unique and impactful, and how to distil key ideas into actionable insights.

      Quick Links

      • Business Plan Advice
      • Business Plan Format Guide
      • Business Plan Format
      • Sample Business Plans

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