Sole proprietorship: what is the creation deadline?

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The deadline for the steps to be taken before creation
Even before creating the sole proprietorship, you must complete two main steps:

Carrying out a market study ;
Building a business plan .
Market research
To succeed in your business creation project, this requires first and foremost carrying out a market study . It allows you to know whether your project will be profitable or not. A market study is chinese singapore phone number list carried out in several stages :

Learn about the market in question: this involves, in particular, field surveys, questionnaires, etc.;
Define who is responsible for carrying out the market study: this could be you or a third party (business school students, private research firms, etc.);
Analyzing the offer: this involves analyzing the product or service sold. What is its added value? What need does it meet? What solution does it provide?…;
Analyze the demand: this step consists of analyzing who your future customers will be. Where do they mainly live? What is their age, gender, habits, hobbies, problems, etc.?
Analyze the environment: here it is a question of analyzing all the parameters likely to influence supply and demand (market trends, main competitors, upcoming events, legislation, etc.);
Define a business strategy ;
Build a forecast budget .
The last two elements must also be integrated and developed in your business plan . This document plays an important role because it will not only help you structure your project, but also convince investors and obtain financing, such as business loans from banks. So let's move on to its development without further ado!

The business plan
The business plan, also called business plan, is a written document that details your individual business creation project. The business plan can be completed in 5 steps.