Updates from July, 2009 Toggle Comment Threads | Keyboard Shortcuts

  • Renee: CEO Coach & Management Specialist 3:39 pm on July 6, 2009 Permalink | Reply
    Tags: brainstorming, , , , , , , open, start, start-ups, want   

    I Want To Start My Business Now 

    Congratulations on wanting to start your new business!! Now that you’ve made up your mind to start your new business venture, it’s time to start moving forward. Starting a new business begins with a thought & an action plan, mostly a strategic plan. Where are you going with this?

    Starting a new business is an empowering and uplifting event. But in the startyeswereopen up phase of your business you must proceed with caution, ’cause there are so many things to consider. Start with a strategic business plan to help get you through and you can modify the plan as you go along.

    There have been many successful businesses that have started with little to no pre-planning at all and they have succeeded quite well and they continue to succeed. Sometimes that may not be the case for everyone. I’m not saying don’t go for it and start your business but don’t rush into business too soon without careful thought, planning and preparation.

    There IS NO SUBSTITUTE for a well prepared business plan and there ARE NO SHORTCUTS to creating it!

    Many start-ups start and fail all within the first five years. Many of them fail within the first 6 months to 1 year. You have to take into consideration many aspects of business such as financing, where to start your business, business structure (sole proprietorship, llc, corporation etc…)

    • Also do you really have what it takes to start a business or even operate one?
    • Do you need the help of investors?
    • Have you done your research on what you want to pursue?
    • Do you have the stamina to go through with it all?
    • Will your type of business be successful?
    • Do you have any pre-planning steps?
    • Is there a market for your type of business?

    There is so much to think about when starting and maintaining a business. Starting is one thing but maintenance is the most important.

    I say go for the gusto and start your business but proceed with caution and seek out sound advice preferably from a business consultant. For many, having business consulting advice can lead you into the right direction Sometimes the advice and/ or support from friends, family or associates might not hurt.

    Do you have the support of friends and/ or family members? Not all friends and family members will be supportive of your ideas. Many times you don’t even need their support.

    So then you have to decide whether or not to start with or without their support or even tell them about your new venture. As passionate as entrepreneurs must be to drive start-ups forward, they also know when to cut losses (hint, hint).

    You need to have a good action plan, you know, a good strategy as to how to go about your new business venture, such as your goals, budget and marketing.You need to spend time working on your business strategy action plan. You need sound implementation steps & then put them into action.

    You also need to review what has been achieved so far and make note of the good and bad steps that you have taken. When you make note of things, you can track your progress, you’ll learn from your mistakes and learn to do things better. Now on your mark, get set, go start your business!!!

    Advertisements
     
    • Sharon Wilson 3:25 am on July 7, 2009 Permalink | Reply

      Thank you for sharing these very helpful tips. Entrepreneurship starts with a passion. Strategic planning would be very important coupled with action plans.

      • Clerical Business Solutions 3:47 am on July 7, 2009 Permalink | Reply

        Hi Sharon,

        You’re welcome, I’m glad that you found them informative. Many wanna-be entrepreneurs and current business owners tend to want to rush things and never give any consideration to planning or they give too little thought to planning and researching their new business venture.

        They just dive right in and then later on down the line, they wonder what went wrong.

        That’s why I stress to my clients about having strategic plans & goals. You can’t go wrong with strategic planning.

    • Peter Baptiste 10:22 am on July 15, 2009 Permalink | Reply

      I agree with you. I always tell my clients to get themselves a clear vision to set their sails for the shores of wealth and prosperity.

      More power!

      Find out more tips on how to generate more business & moneyon my website.

      • Clerical Business Solutions 7:14 pm on July 16, 2009 Permalink | Reply

        Hi Peter,

        Many people never develop strategic thinking or planning to help them in their business endeavors. It’s good to have a plan of direction & implementation for what you are trying to accomplish.

  • Renee: CEO Coach & Management Specialist 8:03 pm on July 2, 2009 Permalink | Reply
    Tags: , develop, entrepreneurs, have, , , , roi, succeed, wise   

    Wise Entrepreneurs Have A Business Plan 

    Starting on a business plan can seem like a daunting task and then you have to get the motivation to get started. But once you get goingbusiness you’ll find that writing the plan is not as tough as it seems. You need to have a plan to give you direction and a firm foundation to start on.

    It’s like driving a car; you need directions in order to get to where you want to go, or you could get lost.

    For a wise entrepreneur, having a business plan is one major step in the right direction. The planning process is the most important, then you have the actual implementation that you have to stick to in order to make it work.

    You prioritize, set your goals, create a mission statement & set implementation steps that’s all in strategic planning. Ask yourself “Where do I see me in five yrs?”

    Business planning is usually conducted when starting a new organization or a new major venture, for example, new product, service or program. Essentially, a business plan is a combination of a marketing plan, strategic plan, operational/ management plan and a financial plan.

    You need to develop a strategy for your business plan. While it may be easy to select a smart-sounding strategy for your plan, I recommend you give a lot of thought to the strategy that will set the course for your business. 

    Sitting down looking at a blank computer screen as you prepare to start your business plan can be daunting. You may want to look at an alternative that can help to make the process a bit easier. Look into hiring a professional such as a strategic business planning service to assist you in your business planning needs.

    A professional business consultant can help you to create a business plan suited for your needs, but you still have to be prepared to think through your business, while working with a consultant and understand the underlying concepts in your business idea.

    The best way to show bankers, venture capitalists, and angel investors that you are worthy of financial support is to show them a great business plan. Make sure that your plan is clear, focused and realistic. Then show them that you have the tools, talent and team to make it happen.

    Your business plan is like your calling card, it will get you in the door where you’ll have to convince investors and loan officers that you can put your plan into action.

    ~About The Author~

    Clerical Business Solutions  ~Business Strategy Consulting Services & Virtual Assistance Services. Providing business consulting & outsourcing services such as administrative support/ business management, project support etc…

    Consulting with you on strategy/ strategic planning, goal setting etc… to start-ups, business owners, managers & professionals who may need some beneficial guidance, business support and/ or too busy to handle their workload themselves, those who may want to offload & outsource or just need beneficial business consulting advice along their business journey. Contact today: http://WWW.CLERICALSOLUTIONSINC.NET   

    http://www.condron.us
     
c
Compose new post
j
Next post/Next comment
k
Previous post/Previous comment
r
Reply
e
Edit
o
Show/Hide comments
t
Go to top
l
Go to login
h
Show/Hide help
shift + esc
Cancel