A Solid Business Plan
- Author Judy Wellham
- Published August 6, 2010
- Word count 415
Eureka! You've discovered your profit earning passion. It's finally time to cash in on your creativity, winning attitude,
stellar work ethic and vision. You are about to become a card carrying member of the local online Small business Owners
Association. So why do you hesitate?
Could it be a recent study conducted by the Small Business Administration stating 2/3 of all hopeful small biz startups
make it the first two years and even less than half that number survive to the four year mark. I don't know about you but
numbers like these are enough to make any sane person pause. Thankfully, the entrepreneurial mindset places "you" the
visionary on the wrong side of sane.
While being on the wrong side of "sane" doesn't mean you're completely without direction. You have passion, a good product,
start up capital and a plan. You're ahead of the power curve. And just for the record, whether you aspire to make billions
or a modest income from your basement, your business plan will be a key factor in determining the success of your online
business.
Why do you need a plan? Good question. A solid business plan, defines an online business strengths and weaknesses,
identifies and addresses the issue of competition, facilitates financing through traditional banking avenues as well as
non traditional means. If constructed well your business plan will keep the focus on goals of the business and provide
a clear snapshot of your destination during any phase of business development.
The online small business owner is a breed apart. He is often faced with unique challenges as well as unique
opportunities. He builds ships heading for the new world of prosperity using vision, creativity, innovative ideas and
determination. However, the starting of a business is not the reinvention of the wheel. Success has a map. Think of
the business plan as your map to financial prosperity. It is designed to get you from point A to point B without delay
and helps get you back on track if you find yourself lost.
There is high risk involved with any start up be it corporate or home based. As a business owner or aspiring business
owner you have a choice. You can travel the route of Columbus with an idea the New World exists and no map or you can
navigate the often choppy waters of small business with a a solid business plan. Isn't it better to have the exact
location of the New World at your fingertips?
Judy Wellham is the owner of: http://www.Internet-Making.com
and reviews popular home business ideas and opportunities.
Judy's most popular home business recommendation is the Plug-
In Profit Site at: http://www.PlugInProfitSite.com/main-23758
where you can get your own money-making website setup in 24 hours!
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- How to Grow Your Small Business - From the Garage to the Warehouse to Retail
- How Do Demolition Services Benefit You?
- How to Make Money on YouTube Without Making Videos
- Maximizing Your Earnings: Tips and Tricks for Boosting Your Income
- Why Is Interior Painting so Expensive?
- Title: The Emergence of Custom-Built Metal Garages in the UK: A Sustainable Approach to Asset Protection
- Cash in on Success: Uncover the Best Affiliate Program Payouts
- How Can Home Insulation Reduce Energy Bills?
- 5 Profitable Tech Niche Markets for Online Profitability
- Overcoming Bidding Wars to Win-Win Agreements in Real Estate Negotiations
- Essential Considerations for Effective Garage Door Repair: Insights from Kiki Garage Door
- Securing Your Home with Expertise: Believe in Kiki Garage Door for First-Rate Garage Door Fixing in Mercer Island.
- Unleashing the Power of Hashtag Generator YouTube
- How to Start A Online Business?
- The Dark Side of Smart Machines: When AIs Turn Against Us
- A Step-by-Step Guide to Installing a Container Shelter
- A Complete Roadmap to End of Lease Cleaning: An A-Z Guide
- The Psychology of Wardrobe Organization: Reducing Stress and Enhancing Daily Routines
- Top-Rated Painting Contractor Lincoln, NE - Quality Workmanship
- Russell Brunson’s Secrets of Success Review: Unlocking Affiliate Opportunities
- Luxury Property Refurbishment in London: Creating Opulent Spaces
- Navigating the Kansas City Real Estate Market: Your Comprehensive Guide to a Successful Home Sale
- Enhancing Quality of Life: Non-Emergency Wheelchair Bound Transportation for Dialysis Patients in Houston, Texas
- Efficiency Starts with Cleanliness: Streamline Your Operations with Auckland's Top Cleaning Services
- Investors Drop Box vs. Traditional MLS Listings: The Future of Real Estate Investing
- Hire Shopify Store Manager Online Services with www.shopifystoremanager.com
- Work From Home Opportunities
- Understanding Free Inspection and Estimate from a Roofing Company
- Roadmap to Riches Review
- "Man and Van vs. Traditional Movers: Choosing the Best Moving Service in Manchester"