Forbes’s Marc Kramer with an excellent list of questions that hearken any business’s fundamental reasons for existing. The questions themselves are below, but you should definitely read Kramer’s whole piece.
- What is our purpose for existing?
- Who is our target customer?
- Why does anyone need what we’re selling?
- If there is a need, is it enough to support a profitable business?
- What were our competitors up to?
- Can you reduce expenses – without harming the product?
- Do we have the right leadership?
- Do we have the right employees?
- How will we continue to drive revenue?
- How are your employees holding up?
Full article here.