06/28/2021
And so is your business…
Do you have a business plan in place? Business plans are like a blueprint for your business but they don’t always have to be as detailed and high level as you think… I worked with a company, a while back, where the CEO told me that his first business plan was written out on a serviette at a coffee shop.
So yeah business plans don’t always need to look like a 50 page document and don’t necessarily always need to be! However, it is important to still have some sort of business plan in place
Here are some steps to start with:
📝 Create a mission & vision statement for your business
📈 Do market research & interview your ideal clients to be able to best serve them
📑Create a budget & project $$
🔐 Understand how your business will be structured (service, product, subscription, membership etc)
📆 Create business goals & a timeline
👯♀️Reach out for support by either collaborating, finding a community, or working with a business coach or us
Here are a few reasons why you want to think when creating a plan for your business:
➡️ It helps map out the big-picture vision for your business/ idea
➡️ It will help make sure your legal and financial ducks are in a row (yay…)
➡️ It will help steer your business in the right direction and stay focused
➡️ It will remind you of your purpose
Your business plan can absolutely change as you grow, but taking the time to provide your business with a solid structure can help with understanding how your business will run.
⬇️ Let us know below, have you got a business plan?
As you know, we are here to support you, so reach out! Continue to DM us your questions, we love hearing from you 💌
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