Self Evaluation Of Venture Business

The self evaluation system of business start-up business asks questions about your business from 11 aspects. It is an effective way to assess your business by considering these problems as criteria.

Whether the operation of 1. is seasonal.

Is it dependent on temporary environment?

Does sales lead the way in a year?

Is it profitable in the first quarter?

2. is the industry sensitive to the economic cycle?

Has there been a decrease in sales volume in the recent recession years?

Has sales declined in recent economic recession years?

3. is the industry under excessive control?

The company lists various regulatory bodies that supervise enterprises.

It lists all kinds of licenses required.

It lists all taxes and fees that must be paid.

How is the supply and price determination of 4. strategic elements?

Does the company depend on those raw materials that are not available at this stage?

What is the price change of strategic materials?

Are there reliable supplies of strategic raw materials that are difficult to store?

Is the company operating too heavily on an employee?

What is the prospect of 5. expansion?

Is the industry expanding?

Can the company increase its market share?

Are there any new potential markets for products and services?

Whether there are new products and services in the market.

6. how profitable is the business?

Is the return on equity in your industry higher than the social average?

How profitable is the business?

That is, whether the rate of return on investment is higher than the social average.

In order to maintain a certain profit, can the company raise its price?

Can the profitability of the industry be sufficient to provide financial support for enterprise expansion?

The direction of 7. industry change is whether the trend of population change can affect the industry.

Has the company's leading products been saturated in the market?

What are the technological changes that 8. will affect the industry?

Is the change taking place cost reduction?

Are the changes taking place in your product replace your competing products?

Is there any technological change that will cause your product to be out of date?

Can 9. enterprises stay out of competition?

The advantages and disadvantages of an enterprise relative competitor are listed. The 10.'s disadvantage is compared with its competitors. Is the industry attractive to you?

This is a list of factors you don't like about the industry.

11. is the industry you choose to enter easily?

It lists various factors that will lead to the phenomenon of "high threshold" in the industry.

We should objectively analyze the advantages and disadvantages of "high threshold" to ourselves and our competitors.

These criteria mentioned above are described in the simplest language, and entrepreneurs can of course use more investment tools to do theoretical analysis.