Saturday, December 9, 2006

What is a Business Plan?

What is a Business Plan?
Your Business Plan is a comprehensive PLAN OF ACTION for your business.We recommend you develop a new Business Plan every Month as
well as every Year.Your PLAN must start with your GOALS.... and then lay out the ACTIVITIES that will allow you to accomplish those GOALS.

Why do you need to develop a written Business Plan?

The answer is simple: Without a well thought-plan, your activities will be scattered and less effectives. The analogy might be of getting in your car and just starting to drive ..... without a clear idea of where you want to go, or how to get there.While there is always the chance you might accidentally arrive at the place you desire.... it will always take you much longer than you wanted, and you probably will end up someplace else altogether! Consider two time- tested saying:
"Amateurs ad-lib...Professionals prepare!"
"If you fail to plan, you're planning to fail"

How do I develop an effective Business Plan?

Develop a Business Plan that meet your GOALS. Warning: Developing an effective Business Plan is WORK!
Donot expect to " knock it out in 30 minutes... one hour... or even two!It might take you a few days.But when it is complete, you will have a ROADMAP to take you to the destination.

Four very important suggestions as you get started:

1. Put a TIME LIMIT on your goals for acountability sake, and for the ability to measure your progress: You MUST have a " TARGET" to aim at... only a time limit can give you that!
2. You must evaluate the performance of your Busines Plan regularly.. about every four weeks or so.Make changes as necessary to stay on track to attain the goals you've set.
3.Ask a trusted and experienced up-line leader to evaluate your Business Plan, and offer any suggested changes they feel will make your plan better.Discuss the recommended changes and decide which changes you agree with.Don't ask your up- line to write your Plan for you!
4. Follow your finished plan, and trust it enough to stay" ACTIVITY-DRIVEN"... instead of being overly 'results obsessed." You cannot control your results, but you can control your level of activities.And if you plan well...and are faithful in the activities, the results WILL come!

Author unknown:

Ask me about a written success form.

In Him,
Gary Tate
awtechnology@hotmail.com

Business Presentation