something that you stared on your own
There are many more than three: Cost to company of current and proposed U.S. regulations. Cost to company of employee medical benefits. Potential for increased taxes.
explain the potential for growth of a business internally
Investing funds in a business carries risks such as potential loss of money if the business fails or the market changes. However, there are potential rewards like earning profits, dividends, and capital gains if the business succeeds and grows.
The first thing that you are going to need is a business plan. This is especially true if you will be presenting your proposed business to a lender for financing.
describe the potential of IT to improve the business processes
Starting a small business requires lots of home work and lots of factors are to be considered before starting such business like SWOT analysis, potential for the business in that area, profitability, potential and need for the local advertisement of the business.
Seeking the business of potential customers.
A business proposal should give a unique proposition to show how this business will source clients. The business should give a break down of operations, estimate costs and the proposed returns.
The potential growth of any company is unlimited. As with any other business you have to have a sound business model, proper funding, and a business plan that has reasonable goals and methods for reaching them.
Business plans can be a simple one page document or very complex, depending on the proposed structure. Take a look at the related link to find a template.
A small business plan outlines your proposed business detailing the need for your business in your community (customers, projected sales), what you're selling, pricing, and any other detail that is related to the success of your business. Examples can be found online.
people likely to invest in a business