INPUT ARTICLE: Article: Assume that you’re considering ideas to start an online business for the first time. You use the same process as you would to assess an existing product. You’re taking more risk because the sales performance of the product is completely unknown.  Find tools to research your potential market. You may choose to examine existing businesses that offer a similar service. What are their clients like? What are they willing to pay for this type of service? How crowded is the market? For your identification service, you might choose to examine the type of people who comment on watch forums and other watch websites. Assess their needs and really consider if there is enough of a market for your services to make starting a business worth it. In order to plan for your business, you'll need to assess how much you will need in startup money. This will vary widely between business types, with some requiring almost zero startup money, and others requiring many thousands of dollars. Start by looking at equipment or inventory you currently have. Then, figure out what you need. Think about inventory, production equipment, website building expenses, and any other costs that you can expect in your first months of operation. Locate these items used or at a discount if you can and then record the prices to determine your startup capital needs. . Financial projections can be difficult to project, especially if you haven't yet begun operations. However, do your research by searching for sales data relevant to your industry online. Check with the Bureau of Labor Statistics (BLS) to find this data and other important information. Then, use this data to estimate your sales volume over your first three years. Your projections don't have to be perfect, but they need to be reasonable and backed by concrete numbers. Subtract your projected startup costs and cost of goods sold during this time to estimate your profitability. Unless you have startup and working capital in a savings account, you will need a source of capital to get your business started. Your options include loans from a friend or family member, bank loans, and selling equity to investors. Bank loans may be difficult to obtain, unless you opt for one backed by the Small Business Administration (SBA). Check with local banks to see what SBA loans they offer. You will need to have a strong business plan to qualify for such a loan. Loans from friends and family are a great source of capital as well. However, the risk is that you lose the money that they lend you and your personal relationship may suffer as result. . A business plan is a roadmap for your business and its growth over the years. It includes several distinct parts that outline your operational plans and business information for prospective investors or lenders, or just for your own guidance. Include all of the above information in this part in your business plan. In addition, you'll need:  A description of the business and its offerings. A marketing plan. A description of business structure. Management profiles. A break-even analysis. An explanation of how and where borrowed funds will be used.

SUMMARY: Determine the market size. Determine your costs. Develop financial projections Assess your capital sources. Write a business plan

INPUT ARTICLE: Article: It's near the middle of the page, to the left of the blue Next: Preview button. You'll do so in the "Question" field at the top of the window. For the above example, you would type "What's your favorite animal?" here. To do so, click the bar below the "Question Type" heading, then click one of the following options:   Text Box - Poll participants will manually type in an answer.  Multiple Choice - One answer - Poll participants will select one answer from a list of multiple answers.  Multiple Choice - Multiple answers - Poll participants will select one or more answers from a list of multiple answers.  Drop-down list - Poll participants will click a box and then select one answer from a list.  Ranking - Poll participants will select each item in order of how items apply to them or the question.  Scale of 1 to 5 - Poll participants will choose a number from 1 through 5 ("poor" through "excellent", by default). For the animal example, you'd likely choose a drop-down list, a multiple-choice (one answer) list, or a text box. The format of your answer will depend on the question type you chose:   Text Box - Click the box under "Data type" to select the type of input you'll accept, from a single line of text to email addresses and phone numbers.  Multiple Choice/Drop-down list/Ranking - Enter the text to display next to a checkbox in the field below the "Answers" heading. Click Add Answer to add another option, or click Add "Other" to add a text field.  Scale of 1 to 5 - Select a scale ranking by clicking the box next to "1" or "5" and then typing in a label. You can also click the red circle to the right of some answers to delete them. To do so, click the box to the left of one or both of the following options if necessary:   This is a mandatory question - Poll participants will not be able to proceed with the poll until they answer this question.  Randomize answers order - Changes the order of questions each time the poll is taken. Doesn't apply to certain answer types (e.g., scale of 1 to 5). It's a green button in the bottom-right corner of the "New question" window. Doing so will add your question to the poll. You can add more questions by clicking the + Add Question button and filling out another form, or you can edit the existing questions by using the buttons above each question:  Click the pencil icon to edit an existing question. Click the two papers icon to copy the question. Click the up or down arrows to move the question up or down in the poll order. Click the red circle to delete the question.

SUMMARY:
Click + Add Question. Type in a question. Determine the type of question. Fill in an answer. Customize the question's advanced options. Click Save. Finish setting up your poll.