Tools for entrepreneurs: business profile

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55 Lab is a business laboratory that aims to foster entrepreneurship and help companies and entrepreneurs, from first-timers to those who need help expanding their business.

To this end, we offer tips, videos, courses and tools for entrepreneurs to plan all stages of their venture and prepare for all the steps and unforeseen events that may occur during their entrepreneurial journey.

One of these tools for entrepreneurs is the business profile. Read the article to learn more about this tool and download this and other tools for free at the end of the post.

Enterprise profile
This is one of the tools for entrepreneurs that focuses on the business itself and its main characteristics. In our Tapa Na Cara course, we call this stage “Turning the Key”, which aims to understand the profile of your business, the nature of your project and what your motivations are.

Understanding the profile of the business you are creating is japan phone number lead essential to defining what your initial metrics and needs will be. The structure of a business planned to become a franchise and open branches throughout the country is different from a regional business, focused on the customs and target audience of a specific location.

Steps
The enterprise profile can be defined in four stages:

Nature of business
Here we need to analyze the nature of your business. It could be replicable, in which you manage and replicate the business yourself; it could be a franchise, in which case you hire someone else with a more entrepreneurial profile to run the business and pay you a fee; or it could be innovative, which grows in scale and you maintain control or attract investors to the company.

Market scope
In the market scope, we define whether the business will be limited by geography or product or whether it has the potential to scale. At this stage, you can have different products that serve different audiences. For example, you can offer an online course, already recorded, that can be scaled and serve an infinite number of students, and offer consulting with you, which will be limited by your availability.

Community Focus
Now thinking about community, your focus can be local, in which you solve a problem focused on a certain culture or community, or it can be cosmo, focused on different people from different parts of the world.

Even if you define your focus as being general, it is important to understand which areas you are most likely to attract customers, or a city or state to start your business in, and then expand it.

Purpose of starting a business
This may be the hardest step, because it depends on a very honest answer: are you starting the business for the lifestyle or for fame and wealth?

Remembering here that it is okay to start a business thinking about revenue, the important thing is to be honest with yourself from the beginning. There are people who create businesses that have nothing to do with purpose, they take advantage of an opportunity.

The goal of these tools for entrepreneurs is to help you reflect on your business, understand what your desires are and what you want to achieve with your new venture. The more you know about yourself and the business you are creating, the easier it will be to make the big decisions that lie ahead.

Download the entrepreneur profile and other tools for entrepreneurs for free
We believe that entrepreneurship is the key to taking control of your career and doing what you love, making money from it . That's why we're making all the tools for entrepreneurs in our Tapa Na Cara course available for free!

With them, you will have the necessary exercises to reflect on all areas of your new venture and you will be ready to make bureaucratic, financial, marketing and management decisions for your company.