We're Talking About Business Plans!
Did the New Year bring a New Biz?
You're going to roll your eyes, but tonight we're talking about a business plan (woohoo!) and why I feel the time to work on one is necessary.
How do you create a business plan? Is creating a business plan worth the time?
The answer is YES! (And I realize this is more of an unpopular opinion these days, but here we are!)
To start, a business plan makes you think about things that you are probably glossing over because you’re excited. You’ll have a great guide to be able to follow through the startup phase and beyond! One thing I want you to remember is this is an ever-changing document and you’ll come back to it over and over as your business evolves and grows. Don’t expect it to be perfect the first time.
There are 2 options to help make creating your business plan easier!
1. A free business plan through the SBA program
2. Live plan is a great product that you can use month to month so you can finish it and turn it off, or revisit it when you're ready.
Some questions that you could write down to get started are:
1. Should you be an online business or brick and mortar?
2. Who do you think your target market will be?
3. How will you make money?
4. How much money will you need?
See, creating your business plan isn’t silly, it isn’t boring, and yes you need all of it! This will make your life less stressful and your business will thank you!
I hope this helps you create a solid business plan that will help you grow your business.
If you are a small business owner who’s currently kind of overwhelmed in handling your business let me guide you through business coaching, education classes, and an online community! Click here for more information!