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Business Plan and Start Up Newsletter Issue #1023-Business Plan Mistakes
October 13, 2005
Business Plan Pro... Everything banks; lenders and the SBA look for! Produce your business plan quickly and easily... For entrepreneurs and small-business owners. Business Plan Pro 2005
Business Plan Mistakes
How Can We Help You Write Your Business Plan?
Building An Online Business Is Like Starting A Garden, You First MUST Plant Your Seeds
A Few Cool Helpful Notes
Often you may hear about what a business plan consists of. While including the necessary items is very important, you also want to make sure you don't commit any of the following common business plan mistakes:
1. Putting it off.
Don't wait to write your plan until you think you'll have enough time. "There's not enough time for a plan," business people say. "I can't plan. I'm too busy getting things done." The busier you are, the more you need to plan. If you are always putting out fires, you should build firebreaks or a sprinkler system. You can lose the whole forest for paying too much attention to the individual burning trees.
2. Cash flow casualness.
3. Idea inflation.
Don't overestimate the importance of the idea, particularly the importance of the uniqueness of the idea. You don't need a great idea to start a business; you need time, money, perseverance, common sense, and so forth. Very few successful businesses are based entirely on new ideas. A new idea is much harder to sell than an existing one, because people don't understand a new idea and they are often unsure if it will work.
4. Fear and dread.
5. Spongy, vague goals.
6. One size fits all
7. Diluted priorities.
8. Hockey-stick shaped growth projections.
So I have written a manual that will help you with writing your business plan.
This manual is intended to aid you in the preparation and the writing of your business plan for your business.
The first part of it is written to help you write your business plan. There is plenty of note space for you to take notes as you move through it. You can also take additional notes on other paper as needed.
You should write your business plan as you go through this manual. Or, you can go to the Quick Start... Business Plan Work Shop.
This section is written for those of you that want to write a quick little business plan in a speedy amount of time.
This section also includes some worksheets in a printable form. You can use these worksheets to help you figure out some of the financial information that your business will need to complete.
For More Information about; How To Write A Business Plan... Made Easy
I know what your thinking, "what the heck does starting a garden and planting seeds have to do with building an online business?"
Well... it all depends on how you perceive what I'm about to share with you.
I'm merely using that headline as an analogy to a Powerful marketing strategy that I use to send HIGHLY targeted traffic to my online business... Effortlessly, that almost every website on the Internet is hungry for.
Now, we all know that in order to be in business you need to either provide a Product and/or Service that cater's to an particular Niche.
That's the easy part to figure out.
The part that is usually the hardest with most online businesses is growing that business, and we both know that in order to grow your business online you need "TRAFFIC".
We've all experienced these growing pains, myself included.
And, finding a cost effective marketing strategy these days like the one I'm about to share with you takes a little time to learn, but, in the long run will benefit You and your business for years.
Here are just a few benefits you'll receive when you incorporate this marketing strategy into your existing online business...
... and best of all, it'll put You infront of thousands of HIGHLY targeted customers... for FREE!
Do any of those Benefits get you excited?
They sure get me excited simply because I know it works and well at that.
So, with that said, I'm sure your getting a little anxious to find out what these "SEEDS" are that I'm so fond of that will put your online business infront of thousands of HIGHLY targeted customers Absolutely FREE!
Are You Ready?
That's right... Writing Articles, in my mind, is one of the BEST and most cost effective forms of online promotion, no matter what business your in.
Read the BENEFITS I listed above one more time to refresh your memory.
Where else or what other marketing strategy online will give you a list of benefits like that.
And, the best part is... it doesn't cost You anything, and yet, almost every website owner online is starving for it.
Here's another quick reminder for you, why do you think they call the Internet... "The Information Super-Highway".
The Internet received that name for a reason because that is exactly what it IS.
All you need to do is supply the Information in the form of an well written "Article" and send it to related websites and/or newsletters around the web related to your particular Niche.
Just imagine for a minute, what one article or half a dozen articles, for that matter, would do for your online business?
You'll never know until You get started, so my suggestion to You is, start brain storming some article idea's about your Product or Service and write them down on a piece of paper.
Once you have a clear idea, "Start Writing".
So, there you have it, and that's why I stated... "Building An Online Business Is Like Starting A Garden, You First MUST Plant Your Seeds" in order for your online business to grow.
I truly hope you understand the importance of writing Articles and why they are considered one of the BEST forms of online promotion for your business.
Copyright 2005 The IWE, LLC. All Rights Reserved.
About The Author
Get YOUR "Step-By-Step" roadmap for Unlimited FREE traffic using Articles! FREE Details=> http://compactURL.com/wgwf
-- Or if you want to get MORE 'Insider' marketing Secrets subscribe to Cory Threlfall's Free 'Weekly' ezine called... The Internet Wonders eZine at -- http://www.internetwondersezine.com
Business Plan Pro
Business Plan Pro 2005 includes:
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