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Friday

Happy Home Business II: How to Write a Business Plan

Writing a Business Plan. You're ready to get your home business started in every way except one. You need money. Either in the form of a loan or from investors, but where do you start?

It goes without saying that you FIRST could have a look at the Inspiring Video you can find at:

Ridiculous Incomes! Click Here to Watch the Video!

After watching the 'Inspiring Video' the one thing you will need before you can get capital for your business is a BUSINESS PLAN.





What’s a Business Plan? A business plan is simply a list of answers to questions that people might have about your home business. You will not get outside funding without one, because the people giving you the funding want to know that you have thought your venture through completely. A business plan says: I've considered this from every angle, and I am ready to get going.

Your business plan should include: a description of your service. Although it might not be the most perfect description you have ever read, you can read my description under the 'Welcome Sign' on this page. Just what is it that you plan to do? Tell them which industry you're going to be in, and why you've chosen it. (BTW because I aim for 'Completion' instead of Perfection, So if you have Comments, Tips or Ideas for me to Improve my Products or Services please give me your Feed Back so that I am able to help it Improve.)

Who are your customers? Once you know what your business will do, the next thing you need to know is whom you are going to be doing it for.
(For example I aim to reach people that are interested in 'Home Business' and are interested in living according to: 'A VISION for a Happy, Healthy & Rich LifeStyle'.)

And because Music has to do a lot with how you FEEL, and how you it can make you Feel Happy, and also because I have a Background of working in the 'Music Business', I also write about Music on my blog. Even have some 'Music Business Inside Stories' on it. It might not be the most clearly defined 'Niche Market', that's why my blog has a 'Bazar Market' approach with content for a variety of people.

What makes your business different? You need to explain what makes your business different from other businesses in your market. How do you plan to do to make the business succeed?

List your expenses. Include start up expenses and any equipment that you need before you can get up and running. Also include your daily expenses such as staff costs and supplies.

This has been a bief overview, if you want to have a other look at the Inspiring video I mentioned before, you can find it by CLICKING at the Banner here below:

Ridiculous Incomes! Click Here to Watch the Video!

If you want to help Inspire fellow Entrepreneurs, tell us about your own story and experiences.

Or if you have other comments, or maybe Inspring ideas about how I can improve my products and services, I like to see your 'Feed Back'.




P.S. You can 'Advertise' your Business by Signing my 'Guestbook' with
your 'Signature-Link', you can find if you CLICK at the Banner here Below:






(Click the link here below to continue reading this post...,)

9 comments:

Anonymous said...

Business skills, when well applied, can do more than just make money. They can potentially make money and do some real good, which is immensely satisfying. To do that, it's important to think outside the box, take risks, and be an entrepreneur.

(Jeff Skoll)

Anonymous said...

Once you know what you want and what is important for you to achieve, also define the values associated with it. What is important? That is something a lot of entrepreneurs pass by too quickly. For us, the things that were important were, No. 1, customer success. Nothing is more important to us than making sure every customer is successful in our service.

(Marc Benioff)

Anonymous said...

A business has to be involving, it has to be fun, and it has to exercise your creative instincts.

(Richard Branson)

Anonymous said...

Every act of commerce is an act of mutual service. Even though it can be motivated by self-interest, the market system channels that selfish energy towards helping others.

(Fred Kofman)

Anonymous said...

Your premium brand had better be delivering something special, or it's not going to get the business.

(Warren Buffett)

Anonymous said...

Can you really explain to a fish what it's like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.

(Warren Buffett)

Anonymous said...

Don't concentrate on making a lot of money, but rather on becoming the type of person people want to do business with.

(Patricia Fripp)

Anonymous said...

The image of success is important, but even more important is the ability to focus on solutions instead of on problems. That way, you'll never be thinking like a loser, and you probably won't look like one either.

(Donald Trump)

Anonymous said...

You have to understand who you are and figure out a way to communicate it. It might be in a different industry, but it's about what pumps the blood through your veins, what makes you excited, what pushes your buttons. And then discovering the best way to communicate that, no matter how big or small; it's what you stand for, what you believe in, and what reflects who you are.

(Andre Agassi)