Make more, do more weekly tip #89

Hello and welcome back to Make more, do more weekly tip #89. This week we are covering a our series of tips on “10 Tips for Start Ups”, and tip #5 is…

The Business Plan

Whether it’s detailed, formal, or a rough draft, it doesn’t matter. What does matter, is that you have a basic idea of a business plan for your said business jotted down somewhere. A well thought out business plan serves as your road map for the early years of your business and helps you recognize the key elements. The three components of a solid business plan include: a clearly defined business model, a financing strategy, and a milestone timeline. Your plan shows you how to get from here to there, in which you’ve increased your assets and profits.

How to Write a Business Plan

There are many more components to the business plan than the three mentioned before. So, if the thought of creating one is overwhelming to you, then consider working with a virtual assistant who can help you with the process. From finding out what’s included in a business plan to professional templates, a virtual assistant will assist you in various aspects of creating your business plan. If you’re up for the challenge, there are plenty of resources available to help you create a thorough business plan. There are millions of articles and templates that will help project the next 3-5 years of operations for your business.

Thank you for stopping back by for Make more, do more weekly tips! Please keep your questions coming in. I look forward to answering them. To learn more about how Rhonda’s Virtual Office can assist you with your virtual assistant needs, please visit our website at http://RhondasVirtualOffice.com and click on the contact page to get in touch today. See you next week for Make more, do more weekly tip #90.


Other articles in this series:

10 Tips for Startups

MMDM #85 → #1 Managing your Startup Costs and Generating Cash Flow
MMDM #86 → #2 Build your Business Budget
MMDM #87 → #3 Protecting your Assets
MMDM #88 → #4 What is ROI?
MMDM #90 → #6 Gaining the Competitive Edge
MMDM #91 → #7 Contracts, Contracts, Contracts
MMDM #92 → #8 Employees vs. Independent Contractors

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Christian Mom of 2, animal lover, your virtual business partner helping you create success in your business, owner and CEO of Rhonda's Virtual Office and Partner of One Life ... Plan-It! discovering new passions in my business everyday and loving it!

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