Every business needs a Simple Business Plan, nothing to complicated, but enough to keep you on track and help you achieve your goals.
Where’s Your Business Plan?
There’s a saying that goes, “If you don’t know where you’re going you’ll never know when you get there.” I’m sure you’ve heard it or at least some variation. This is a perfect advice to follow when you are about to start any new project. Whether you’re building something, cooking, or growing your business. You need a plan.
Some people shy away from putting together a business plan because going through the process might seem too overwhelming. But, think of it this way – if writing up a plan seems daunting, then trying to run a business without a plan is just plane nuts
So, don’t put it off any longer, build yourself a road map to success!
Creating your Business Plan is easier than you think and following the steps below will walk you through the entire process.
First Step – Get Your Thoughts Together
So, you get that you need a Business Plan, but what exactly are the benefits?
A Business Plan Helps You:
- Create your company vision
- Identify your target audience and ideal customer
- Create your company mission
- Understand and prepare for your competition
- Create your business goals
- Identify your products and services for your model.
- Outline your marketing strategy, tactics and goals
- Plan how you’re going to achieve your goals including sales and profits.
- Plan how you’re going to grow
Read this article for more benefits of creating this crucial document: Do You Really Need An Online Business Plan?
(all the articles will open up on a separate page, so you won’t lose your place here)
Your Business Plan will also help you focus on 3 crucial areas of your business:
- What is Your Niche Market?
- What is Your Business Revenue?
- What is Your Unique Selling Proposition?
Read this article to get a better understanding of why this step is so important: Basics Of An Online Business Plan.
Building an online presence doesn’t have to cost an arm and a leg, but you should have an idea of your options when it come to:
- Your Goals for a Website
- Your Budget
- Your Time
Read this article to help you decide what you want your website to accomplish: 3 Foundations To An Online Business Plan.
Who are you up against and how are you going to compete?
Chances are you are in a market with at least some competition. So, it is important to analyze what the market looks like and how you are going to get your piece of the pie.
Read this article to help you get your thoughts on the right track when it comes to your competing in your market: Your Competition And Your Online Business Plan.
Step Two – Create Your Business Plan
Each link below will walk you through getting your thoughts on paper.
Remember that your plan could change here and there as your business grows or you decide to bring new products on board or retire products. A business plan shouldn’t be a document you put together as an exercise in futility, but rather as a business guide.
Here’s a FREE template you can download to get you started.
Click here >> Simple Business Plan for Success
After you finish, put it in an easy to access “safe place” and look at it every 6-months or so, to see where you have to make some updates or changes.