Sam Has Recently Decided To Launch An Online Fitness Coaching Service. He Has Registered A Domain Name And Set Up A Website, But Is Unsure Of How To Launch His Business Online In A Way That Will Help Him Grow Sustainably. Help Sam Create His Own Online Business Strategy, By Selecting The Correct Steps He Should Take.
Q.1 – What should his first step be?
- (A) Define business goals
- (B) Create an email template
- (C) Find an investor
- (D) Ask the bank for advice
Q.2 – What should his second step be?
- (A) Launch a blog
- (B) Hire an assistant
- (C) Design a logo
- (D) Write a mission statement
Q.3 – What should his third step be?
- (A) Launch an advertising campaign
- (B) Identify his USP
- (C) Launch a newsletter
- (D) Hire an accountant
Explanations:
Sam’s first step should be to define his business goals. This will help him understand what he wants to achieve with his business and how he can measure success. Once he has defined his goals, he can create a plan to achieve them.
His second step should be to write a mission statement. This will help him communicate his business’s purpose and values to potential customers and employees.
His third step should be to identify his unique selling proposition (USP). This will help him differentiate his business from competitors and attract customers.