Money Saving Tip Sheet

Quality Questions For The Prospective Business Owner

Our money saving tip sheet will assist you while determining what type of new business you want to start. Carefully consider the items listed here, as it could save you thousands of dollars over time.

When you are working to choose the best business for yourself, it is easy to get caught up in the belief that what you have been doing up until now, you must continue to do. Not true!

Without careful consideration you may end up trading your small office or cubicle at work for a small room at home that keeps you just as tied down as your old job.

Or, you may end up having to spend most of your day pounding the pavement on sales calls when what you really want is to remain at home and enjoy a more flexible work environment.

Our money saving tip sheet will help as you "feel" your way to your new business before you actually start it.

You should take the time to fully consider what you want to acheive. Try using visualization to get a clear mental picture of what your day will actually be like during your new venture. By doing this, you can discover what you will be feeling as you go through a typical business day. You can then use this information to help you determine if you are on the right professional track.

It's important to evaluate the lifestyle associated with your new business before actually investing money, time and energy into it.

Going into business for the wrong reasons (I.e., a panic decision to quit an undesirable job, impulsively starting a business just because it sounds good, or to simply have more time) without adequate research can be a fast ticket to failure, either in your professional life, your personal life, or both.

The following money saving tip questions provide a simple way to get you thinking about what your day will look like once you begin your new business startup.

As you consider each question, pay attention to how you feel. Do you feel tense and agitated as you read each money saving tip question or are you getting excited and motivated?

Even if you don't know the reason why, listen to your feelings and trust your gut. These questions are truly important. We call this our money saving tip sheet because if you move forward in any new business venture without being very clear on what you want in the end, you’ll not only waste a lot of time but also a lot of money.

MONEY SAVING TIP SHEET QUESTIONS:

  1. It's time to get ready for your business day. What time is it?
  2. You get dressed for work. What do you wear?
  3. Someone depends on you before you leave. Who is it? What do they need?
  4. You open your door to your business. Where is it located? What does it look like?
  5. You look around. Who else is there with you?
  6. You produce (or handle) the product of your business. What is it?
  7. A customer purchases that product. What does he/she look like? Male? Female? Age? Occupation?
  8. You've started building customers. Why did the customer choose your product/service and how did he know about it?
  9. You think about your product or service. What does it cost? How did the customer pay for it? Cash? Credit Card? On account?
  10. You glance down at your customer list. What and when will they purchase from you the next time?
  11. It's lunch/dinner time. What are you eating?
  12. You eat. Where? With whom?
  13. The morning has come and gone. What do you see yourself doing during the second half of your day. Producing something? Selling something? Going somewhere?
  14. It's time to close up. What time is it?
  15. You prepare your bills or count your money. How much did you make today? How much is in actual cash? How much is owed to you?
  16. It's time to go home. Are you going straight home or do you have to stop somewhere first?
  17. You've arrived home. Do you have household responsibilities when you get home?
  18. You need to do book work/paperwork for your business. When do you do it?
  19. You want to talk about your day with someone. Who do you talk to? What time is it?
  20. You prepare for your business for the next day. What do you do?
  21. It's time to sleep. What time is it?

We hope our money saving tip sheet has been helpful to you in determining the best path to take with your new business. If you truly are on the right path, then after reading and completing this list you no doubt feel more at ease with your decision.

If however, after completing this list of money saving tip questions, you feel confused or unsure – then STOP, and re-evaluate whether or not it is wise to move forward.

No matter what choice you make, as long as you are making a thoughtful decision, then this process has just saved you a heap of money!


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