10. Your Role and Your Team

In both the earlier sections covering what investors are looking for and writing your business plan, the importance of your team has been highlighted. The attractiveness of the market and the brilliance of your solution will not overcome the mistakes made by lack-lustre management. This chapter looks at your role and the team you will need to put into place to achieve your goals.

A vital part of this is to first ask yourself what it is you want to achieve. We look at three different types of business with different risks, rewards and more importantly roles for you as the new business owner. Which is your ideal scenario?

Critical success factors were discussed earlier, now we look at how you and your team can ensure they are satisfied.