8.3.1 Your Business Model

We need to understand your business idea, to determine how feasible it may be. You will be asked to answer the following questions: 

  • What business activities will you be engaged in?
  • How will you make your business competitive and profitable?
  • How many jobs will you create or safeguard?
  • What scale of business (income, expenses, profit or loss) do you anticipate in your first full year of trading?
  • What principal business assets will you need, and what is their approximate cost?
  • How much capital do you need to raise, and how much of this can be raised through community shares? 

If you have any questions on the content included within the guidance, please contact the team.