Three simple things to think about before signing up for a newsletter or a business concept:
1. The bigger and bolder and the more colorful the text is in the headlines the more careful you should be.  
2. If it sounds to good to be true, it probably isn't true. 
3. Even you get something "for free" it is not for free. Especially not if you give away your e-mail address to get the free stuff. It will probably come back on you as spam. 
I have noticed that even links from this site through our guest writers or ads goes to "opportunities" that could be doubtful.

Monday, February 21, 2011

Business plan - not for me!

 Even if you have the simplest of business ideas you should write down a business plan. In many cases you write the business plan before you go to the bank getting a loan or you want to attract more investors in your company. You often see the business plan as something you "have to do".

I think you should look at the business plan as something you would love to do and love to look back at. The business plan for a small home based business were you have a very simple idea and you're the only employee don't have to be fancy. At least you should write down your goals for the next year when it comes to

Basic Business plan
  • number of customers
  • number of visitors
  • revenue
  • close competitors

You should also write down how you will achieve your goals. Another important thing to write is the competition today. And your methods for gaining market shares.

The business plan will be a document on what your thoughts and expectations were at this time. The world is changing and so are your market and your products and services. If you feel that your business is staggering, open your business plan and read about how the market looked like when you wrote it. Then, write a new business plan for the next twelve month. Save the old business plans. We can learn from our history.

I promise you: Business plans are for you!

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