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Having already brainstormed a list of skills and interests for your potential online business, the next step is to identify the resources and time you have available to devote to your business. These resources might include anything that can aid in the operation or growth of your business, such as a vehicle for deliveries, a storage shed, a sewing machine, camera equipment, or woodworking tools. Begin by adding a “Resources” section to your brainstorming document. Reflect on the resources at your disposal and brainstorm at least five items that could support your business venture. For clarity and organization, format this list of resources as a bulleted list, which will be particularly helpful as the list expands.
Following the resources section, it’s important to add an “Availability” section to your document. Availability refers to the time you can dedicate to your business, considering other commitments such as work, school, family, or leisure activities. In this section, outline the time slots you are able to work on your business. Similar to your resources list, format your availability as a bulleted list for easy reference. The combined information of resources and availability in your online brainstorming document will play a crucial role in helping you narrow down your options and making informed decisions about the direction of your online business.