Flashback Fridays

Hello,

First let me apologize again for neglecting this blog. I hope you will enjoy reading this post anyways, and will visit again soon.

Welcome to Flashback Fridays! Today's post titled First Up, Create A Business Plan was originally posted on 11/29/2008 . Enjoy!

Hi Everyone,

One of the major things that you must remember, is that if people don't know you are there, they won't buy from you.

What does that mean? It means that if you do not let people know you are in business, you will not get very many sales. You might get a few orders from family and friends, but unless they plan on supporting your whole business, you will probably need more.

First step, write out a business plan. It doesn't have to be elaborate, just have these essentials:

#1. The name of your business.

#2. What you do, and what you need to get it done.

#3. Market research, and information on your competition.

#4. How you plan to support your business (aka where is the money coming from until you get established).

#5. How you plan to market your business (websites, articles, news paper ads etc..)

#6. What you eventually plan on earning, and how you are going to get there.

During the next few days, we will take a look at these one by one. Hopefully, if you have any business tips, you will share them with me.

Helen