Startup Readiness Score

Free Startup Readiness Scorecard

Answer these quick questions to get a simple startup readiness score. This free scorecard gives you a starting point. You should still confirm local requirements, costs, demand, and professional advice before investing money.

What type of business are you thinking about starting?

What city or location are you considering?

What business model are you considering?

1. How clear is your business model?

Very clear. I know what I will sell and who I will serve. Somewhat clear. I have a general idea. Not clear yet.

2. Have you checked whether people in your area may want this product or service?

Yes, I have done some demand research. A little, but not enough. No, not yet.

3. Have you researched local competitors?

Yes, I reviewed several competitors. I looked briefly. No, not yet.

4. Have you checked registration, permits, licenses, or local rules?

Yes, I know what I need to verify. I checked a few things, but I am not sure. No, not yet.

5. Do you have a realistic startup budget?

Yes, I have a budget and some cost estimates. I have a rough idea. No, I do not know the startup cost yet.

6. Do you know what equipment, supplies, tools, or software you need?

Yes, I have a clear list. I know some of what I need. No, not yet.

7. Have you thought through pricing and profit potential?

Yes, I have pricing and profit assumptions. Somewhat, but I need more clarity. No, not yet.

8. Does this business fit your skills, time, lifestyle, and risk tolerance?

Yes, it seems like a strong fit. Maybe, but I need to think more about it. I am not sure.

9. Is your startup timeline realistic?

Yes, I have time to research and prepare. Somewhat, but it may be rushed. No, I want to start quickly without much research.

10. Have you thought about the main risks?

Yes, I have identified key risks. A few, but not all. No, not yet.