Monday, June 22, 2009
Encouraging Your Business to Get On Track
Working up your businesss plan the right way can get you on track and ready to go. And, remember, a quality plan is critical to obtaining bank funding. Questions you need to examine include: 1) Is you idea viable? 2) What's the potential demand for your service/product? 3) Who are your competitors? 4) Who is your accountant and/or legal advisor? 5) Are there zoning, insurance or other issues?
The questions differ when developing a home-based business, but the principles are the same - determine your why, research the opportunity, plan your approach and develop your marketing lists. Then get started and refine your approach as you go.
Don't try to do everything at once. Remember that you started life crawling, graduated to a walk, and finally leapfrogged to a run. Plan your business the same way!
Need professional help with your plan? Contact Banhem Associates at www,banhem.com
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