How to Start a Creative Business:

Brainstorming and coming up with new ideas is essential in creating your business plan. Answer four key 🔑 questions, create a mind map 🗺 and an empathy map for your ideal customer.

There are quite a few questions to answer when creating a business plan. The beauty in this process is that you can always make changes to your plan.

The third phase in your business planning process is the S.W.O.T. analysis and competitive analysis.

Take everything you have done in the previous phases and put it all together to give the most simple statements to explain your mission, vision, and values.

Now that you have taken the initial steps, it is time to decide whether or not you want to formalize your business, in other words, register as a business. You can register as a limited liability corporation (LLC), Corporation, Partnership, or Sole Proprietorship.

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A lot of your strategy has been done in the previous planning stages, but this is the time when all of the brainstorming come together in a strategic plan.