Mind Maps for Business

1. Accounting

1.1. Lawyer Fees

1.1.1. Taxes

1.1.1.1. State/Federal Fees

2. Stock/Inventory

2.1. Shipping/Recieving

2.1.1. Merchandising

2.1.1.1. UPS/Postal Service

3. Business Type

3.1. Sole Proprietor

3.1.1. LLC/ Business Partner

3.1.1.1. Franchise

3.1.1.1.1. Corporation

4. Contractors

4.1. Building Improvements

4.1.1. Additions/Deletions

4.1.2. Maintenace

5. Other Businesses in Area

5.1. Are they profitable

5.1.1. Can you get business from them

5.1.1.1. Is it a high traffic area

5.2. Any competitors

6. Risk Assessment

6.1. Success/Fail rate for new businesses

7. Branding

7.1. Signs big and bright

7.1.1. Noticable

7.2. Advertising

7.2.1. Mail/TV/Billboard etc

8. Human Resources

8.1. Employee Regulation/Handbook

8.1.1. Hiring Strategies

8.1.2. Experienced/ No experience

8.1.2.1. Training

8.1.2.2. Paid or unpaid

8.2. Pay rate/ Payroll

9. Location

9.1. Enough space for inventory

9.2. Lease/Own

9.2.1. Within Budget

9.2.1.1. Area Demographics

9.2.1.2. Profit Vs. Loss

10. Overhead Costs

10.1. Lights/Gas/other utilities

10.1.1. Inventory

11. Legal

11.1. Licensing

11.1.1. Contracts

11.1.1.1. Buy/Sell Agreement