This article points the small business entrepreneur in the right direction to developing a business plan. In many cases a plan is not needed but resources are evaluated to determine if generating a plan is worth the investment of time.
While I wait on family and friends to send me information on the location of ATM’s, I decided it is time to do some preliminary number crunching. My initial introduction to this illustrated a very […]
I started out on this identification process by first listing my personal characteristics and then environmental ones associated with where I live. I was able to generate a list of 10 industries that had promise […]
This entry is part of a series of entries exemplifying the steps an entrepreneur takes from starting a business to selling the operation. It is a step by step process addressing the multitude of business concepts every small business owner must face. This is a 6 year example from Day 1 to the day the owner receives a check for selling his business. Read this series as if it you were experiencing all of the trials, tribulations and joy of owning and operating a business. […]
You have now completed the ‘Who’, ‘What’ and ‘Where’ of your plan as a part of the start-up function. We will now complete the ‘When’ section of the plan. Remember, you have not formally documented […]
Whenever someone wants to start a business, they ask their friends and professionals what they should do. The standard answer is always, ‘You need a business plan’. Really, do you? If I do, what is […]