Starting A Small Business And Writing A Business Plan
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John Don
Apr 26, 2013, 12:46:14 AM4/26/13
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Please consider this free-reprint article written by:
John Don
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Article Title: Starting A Small Business And Writing A Business Plan
Author: John Don
Word Count: 524
Article URL: http://www.isnare.com/?aid=432936&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=432936
Easy Publish Tool: http://www.isnare.com/html.php?aid=432936
*********************** ARTICLE START ***********************
If you want to have your own business you should follow a few important tips. Don't start a new business without a business plan. This is one of the most common mistakes. Without a good plan it's impossible to create a successful business.
Remember that your main goal is to make money. Think who would be interested to buy your products or services. Make a plan for advertising your business. This is the first step to achieve your goal.
You business plan should include the capital you have for advertising and for the other costs. The best thing is o have the investment money from before. If a bank will loan you the money than calculate how much you need every month for it.
Make a list with all the expenses you will have and try to calculate what you would have to earn to pay them. Try to make realistic goals. If you get to the conclusion that you will have difficulties paying your bills you should reconsider. May be you need to open a smaller business.
To be able to make a realistic business plan you could ask other people with experience. Try to find someone with the same type of business. Ask him how much profit can he make and if it's possible to pay his bills in time.
Show your business plan to your accountant. He might help you make some changes. Keep in mind that in any business there is a risk. The smartest thing is to make that risk as small as possible.
For a good business plan you also need the ability to anticipate change. Do your best to adapt your business to the client's needs. You initial business plan should be written with a pen. This way you can make changes or add new things.
To understand your prospective business you can try to work for someone else for a few months. Only after that you can make your business plan. By doing this you will gain the experience to start a new business. Try to observe what type of clients you will have. This will help you realize where you need to focus more.
Test your product or service before you start. Try to understand your market first. If your product is well received than it's safe to start your new business.
At beginning it's better if you don't need too many people to work for you. Wait fist to see how much profit you can make. In time you can expand your business and hire more people. Choose carefully the people you will hire. They need to have good ethical values. It's also important that they have the perfect skills for the job. Try to hire people you know and admire.
To have financial control you need to learn more things about accounting, computer software and cash flow management. All the businesses are focused around these things. Try to learn as much as possible and you will be able to control your finances better.
About The Author: Please visit http://www.ausbusiness.net/ and http://www.business-startup.biz/ for more information on this topic.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=432936
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
John Don
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=432936
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=432936
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Starting A Small Business And Writing A Business Plan
Author: John Don
Word Count: 524
Article URL: http://www.isnare.com/?aid=432936&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=432936
Easy Publish Tool: http://www.isnare.com/html.php?aid=432936
*********************** ARTICLE START ***********************
If you want to have your own business you should follow a few important tips. Don't start a new business without a business plan. This is one of the most common mistakes. Without a good plan it's impossible to create a successful business.
Remember that your main goal is to make money. Think who would be interested to buy your products or services. Make a plan for advertising your business. This is the first step to achieve your goal.
You business plan should include the capital you have for advertising and for the other costs. The best thing is o have the investment money from before. If a bank will loan you the money than calculate how much you need every month for it.
Make a list with all the expenses you will have and try to calculate what you would have to earn to pay them. Try to make realistic goals. If you get to the conclusion that you will have difficulties paying your bills you should reconsider. May be you need to open a smaller business.
To be able to make a realistic business plan you could ask other people with experience. Try to find someone with the same type of business. Ask him how much profit can he make and if it's possible to pay his bills in time.
Show your business plan to your accountant. He might help you make some changes. Keep in mind that in any business there is a risk. The smartest thing is to make that risk as small as possible.
For a good business plan you also need the ability to anticipate change. Do your best to adapt your business to the client's needs. You initial business plan should be written with a pen. This way you can make changes or add new things.
To understand your prospective business you can try to work for someone else for a few months. Only after that you can make your business plan. By doing this you will gain the experience to start a new business. Try to observe what type of clients you will have. This will help you realize where you need to focus more.
Test your product or service before you start. Try to understand your market first. If your product is well received than it's safe to start your new business.
At beginning it's better if you don't need too many people to work for you. Wait fist to see how much profit you can make. In time you can expand your business and hire more people. Choose carefully the people you will hire. They need to have good ethical values. It's also important that they have the perfect skills for the job. Try to hire people you know and admire.
To have financial control you need to learn more things about accounting, computer software and cash flow management. All the businesses are focused around these things. Try to learn as much as possible and you will be able to control your finances better.
About The Author: Please visit http://www.ausbusiness.net/ and http://www.business-startup.biz/ for more information on this topic.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=432936
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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