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Business Plan and Start Up Newsletter Issue #1034-Basics For Writing A Business Plan
September 15, 2006
Business Plan Pro 2006...
Everything banks; lenders and the SBA look for! Produce your business plan quickly and easily... For entrepreneurs and small-business owners. Business Plan Pro 2006
********Table of Content********
Basics For Writing A Business Plan...
Business Strategy: Clarify Your Purpose And Vision...
A Few Cool Helpful Notes...
Basics For Writing A Business Plan
Just about every nine to fiver has dreamed of leaving the world of office politics or the factory floor behind and starting a business of his or her own.
There are many reasons why owning a business is such a common dream. For one thing, owning a business puts you in solid control of your future and your earning power. Instead of tying your financial future to the fortunes of another, an entrepreneur takes matters into their own hands and takes charge of their financial future.
== Making Sure Your Business Is Successful ==
It is a good idea to make sure your business is successful before you quit your day job. Why not work on your present job and build a part time business on the side?
Of course starting a new business is never easy, and the failure rate for a new business has historically been high. It is vital, therefore, to create a solid, detailed and complete business plan before quitting your job and striking off on your own.
== Financing Your Business ==
A business plan is a very important document, and it is necessary in order to obtain the financing that every new business will need in order to get off the ground.
It is the rare business that can get up and running without outside financing, and a business plan is an absolute necessity in order to obtain that needed financing.
== Researching The Business You Plan To Start ==
When it comes to writing your business plan, it is important to thoroughly research the business you plan to start.
== Things Your Business Plan Should Include ==
The business plan should include information on such things as the annual operating budget of the business, the proposed expenses of the business, any equipment needed to run the business successfully, and the proposed location of the business, including the amount of the rent or mortgage payment.
In addition to the basic financial information, it is important that the business plan contain information about the partners of the business, including their areas of expertise and length of business experience.
The successful business plan will also include relevant information on specific challenges faced by the particular industry, including any specific legal challenges or tax ramifications.
Starting a new business is exciting, but it can also be nerve wracking and stressful. It is important, therefore, to do as much research as possible, and gain as much knowledge as you can. Only by garnering a thorough understanding of the business world and your place in it can you enhance your chances for success in today’s competitive world.
Shaunta Pleasant is a professional web writer and editor on business plan topics. Visit my site to learn more about writing a business plan a http://www.business-plan-made-easy.com
Article Source: http://EzineArticles.com/?expert=Shaunta_Pleasant
Strategy: Clarify Your Purpose And Vision
Whether it's the beginning of a new year or we're half way through, you want it to be your best year ever. You are no doubt doing some planning for how to make that happen. You are doing some planning aren't you?
I'd like to recommend you take some time to really clarify your Purpose and Vision.
Clear purpose and vision are the keys to giving you a focus and direction. Unfortunately, that's something that is all too often lacking from small businesses. What you need to do is quite simple, but may challenge you if you've never taken the step before.
Here are a few ideas to help you make this your best year ever.
A clear purpose describes what you are out to cause with your business. Have you lost track of your purpose? Do you remember what led you to start or get into your business in the first place?
* Three questions to ponder as you seek to re-ignite the purpose in your business:
Answer these questions honestly and build your business around the life you want to live. Talk about a purpose that would set you on fire.
* Here's an idea for creating your vision. Think of the absolute greatest outcome that you can possible imagine that your best clients would really want from your service. Build your vision around being "the resource" that works to deliver that.
* Examine your values and principles and then determine what you want your business to be in the future. Find your favorite way to relax quietly and let your mind open to dwell in what's possible.
* Imagine yourself in a private movie theater watching a movie of your future self in 10 years. As the movie ends you notice you've been joined by the star of the show. Ask them any question you want about how they got to that place of great success in the movie. What was your future self's purpose and vision.
This may seem silly to you at first, but if you open your mind up to accept that the visioning process will work, you'll be amazed at the answers that will emerge.
(c) - Kevin Dervin, KPD Marketing
About the Author:
Kevin Dervin is the owner of KPD Marketing and the creator of the ABCD Growth Marketing System. He's focused on helping small, service-based businesses and professionals that are ready to grow but struggle with how to attract more clients consistently.
If you find this article useful, you’d probably enjoy Kevin’s FREE monthly eZine called ABCD Grow. To subscribe, just go to http://www.ABCDgrowth.com and follow one of the links to the FREE Stuff page! Everyone who subscribes will get Kevin's free report, "Five Fundamentals To Help You Boost Your Service Business And Increase Your Satisfaction!"
Article Source: http://EzineArticles.com/?expert=Kevin_P._Dervin
A Few Cool Helpful Notes
There hasn't been a time in the past when I could tell you about things that are going on, just for you to get them.
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P.S. It's time to get in the mood for fall with a business plan and clarifying your businesses vision:-)
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