Tag: business plan

A plan!
My email box is full of emails from people telling me about how they are ready to start their business. Then they ask me a ton of questions. I enjoy answering their questions. From what they ask I can tell that their minds are going in a million different directions and they have forgotten something important. They almost always make the mistake of skipping the first step.

Before you set up shop, even before you get any license or selling permits, you must have a plan. Some people get a little intimidated by the thought of writing a business plan. It really isn’t that difficult. If you don’t need to get a loan to start your business, no one but you ever needs to see it. Basically, your plan needs to state clearly what your goals are with your business, how you will accomplish those goals, who your target market is and how you will reach them. Of course you can add as much detail to your plan as you can. The more clearly you can envision your business the easier it will be to create it.

You can find free business plan templates on sites like SCORE and other places around the net. If you are only creating the plan for yourself, have a little fun with it. You may find it easier to see your plan as an art project. Once you have your plan and you know where you are going then you are ready to move on to the next step. A good business plan will help you keep your business moving in the right direction for you.