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Do You Have a Business Plan?

"To be always intending to make a new and better life but never to find time to set about it is as to put off eating and drinking and sleeping from one day to the next until you're dead." -- Og Mandino

The Internet is full of business offers, but very few will ever make you any money. Why? Most, by this I mean over 90% leave out the First Step. If you want to succeed, You must have a plan to reach your SUCCESS.

There is NO MONEY until the sale is made.
Many offers state there is NO SELLING involved, NO Special education needed, spend only 30 minutes a day working online. If you beleive that, kiss your money goodbye and sit back and watch TV. or Ask yourself a few questions, why does a Doctor, Lawyer, Accountant and the Local Hardware Store Owner spend years getting an Education? Did they only invest $20 to start their business? Do you know something they do NOT? How did you get to be so priviledged? Who is going to pay you and what will you be paid for doing? Life is NOT a TV show script.

Plan for SUCCESS:
A business plan is nothing more or less than a ROAD MAP to get your business where you want it to go. Building a business has to be approached as any career change. You must outline your expectations, Here are a few of the many Questions you will need to answer.

• How much time do you have available?
• How much money do you have to invest?
• How much money do you want to earn?
• What are your strong points?
• What are your weak points?
• What are Your personal Goals?
• What are Your Business Goals?

"The guy who takes a chance, who walks the line between the known and unknown, who is unafraid of failure, will succeed." -- Gordon Parks

Building a home business can NOT be rushed into without first having a REALISTIC plan for your future. Do you have a spare room that can be used for an office? Do you know how to keep business records for Income Tax purposes? What are the deductions that you can take for running a home business? What types of businesses have you researched? What equipment do you have that can be used for your business? What items will you need to purchase? Are you a "Self-Starter", can you put together a daily To-Do List and stick to it until everything is completed?

Success is NOT Normal!
"Normal is getting dressed in clothes that you buy for work and driving through traffic in a car that you are still paying for - in order to get to the job you need to pay for the clothes and the car, and the house you leave vacant all day so you can afford to live in it." -- Ellen DeGeneres

There are many benefits to having a home business, but it takes effort. It takes determination to do what has to be done to reach your goals. Only you can determine if owning your own business is worth the costs.

External Links

SBA - Business Plan Outline | Business plan - Wikipedia, the free encyclopedia | How Stuff Works

Contributed by topsecret on January 8, 2008, at 7:21 AM UTC.

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This intel was contributed by topsecret


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