When considering how to start a business, there are many things to think about. First, of course, you need to have a good idea or at least one you can make something out of. Then, when deciding how to start a business, you should start to put together your business plan. This step will put a lot of things that need to be done into perspective. The business plan will not only lay out for you the best way to move Read More
Starting a Small Business?
So, you're starting a small business...congratulations! You are embarking on one of the best rides of your life. I say that because starting a small business is enthralling, but definitely has its highs and lows. Furthermore, starting a small business takes consistent work. Yes, the grass can be greener, but it can be bleak. I'm sure you have read all the statistics about how small businesses fail at an alarming Read More
Elements of a Business Plan
Business plans can flow easily from your pen ( or computer) or they can be a process that takes many hours. Whatever amount of time it takes to draft your business plan, think of it as time well spent because you will appreciate that plan as you move forward in your business. A good business plan will include each of the following elements: Executive Summary The executive summary section of your business plan Read More
Do You Have a Business Plan for Your Business?
Too many people that I have spoken with do not have a business plan. Why? Well, they are human and they do not want to box themselves in to one thought or idea. I understand their hesitation, I really do. I thought the same thing when I started my business, but what I learned over time is that a business plan should be a fluid document that is meant to be referred to often and either followed or changed. We all Read More
