Last Three BP Details

 Originally published 12-1-2008 on Wordpress.

Hi Everyone,

The last details of the business plan.

#4. How You Plan To Support Your Business (aka where is the money coming from until you get established)

 How much money will you need to get your business started? Do you know the dollar amounts, of what all of your business supplies will cost? What does a business license in your state cost? Where will you get the money for these? Whether you plan to take out a loan, or you have the recommended six months savings, write this figure into your business plan.

#5. How You Plan To Market Your Business (websites, articles, news paper ads etc..)

A lot of business owners forget about this step, but it is very important. Decide how you will market your business. Will you put an ad in your towns' newspaper? Are you aware that you will have to keep it in, around six to eight weeks for it to work? Will you use radio or TV ads? Consider that most successful businesses, have a strong online presence,. So having a website makes great business sense. Also include the stores, boutiques, or other online sites that will sell your merchandise as well, such as E bay, and the like.

#6. What You Eventually Plan To Earn, and How To Get There.

This is one of the more enjoyable parts, of writing your business plan. Decide how much you want to earn from your business, within a set amount of time. Let's say, with your shoe business, you would like to earn $5000.00 a month, by years end. That is a great goal. Now decide how you are going to achieve it. If for example, each pair of your shoes retails for $50.00, you will need to be consistently selling one hundred pairs of shoes, to make that goal each month. How are you going to do that? You will need to know.

Helen