What is more sensational 3,000 books in your purse or the smell of a new paperback?

Let’s start off with a basic fact. I truly enjoy words and books. I love to read. My Kindle 3G reader holds 3,000 books and there are another 1000 or so I own in the cloud. My library at home has about 1,000 hard copy books. I really like to read. I really like books. I like the look of them, the feel of them, the smell of them.
 Many of you who read this blog embrace technology and have among other pieces of technology an e-Reader. More »
It is sensational to learn to read so you can start a love affair with books.
 
I have always loved books. I learned to read when I was three years old. I remember my father bringing home a bunch of Dr. Seuss books. I read those books with my mom who taught me to read. I liked turning the pages, seeing the words and pictures. I liked how you could string together bunches of letters and those bunches became an interesting or fun story. As a child I learned to read just so I could play with my books and do what my teachers asked. As a teenager I learned to read critically, to look for points and themes. In order to pass exams in English class I had to learn to read for theme, point and character development. I learned to read to provide pleasing answers for high school teachers and college professors. As a law student I learned to read for black letter law, facts, issues and holdings. I learned to read to look for ways to apply legal principles to fact patters in school, on the bar exam and later as a representative for my clients. 
photo credit: Felix Schmidt Photography via photopin <a

photo credit: Felix Schmidt Photography via photopin <a

 
As an adult I learned to read for sheer joy. More »

A-business-plan-is-a

When you are doing business planning, it is thrilling to develop a business plan that has a great introduction. This article is the first in a five-part series on preparing business plans. Each article has been dedicated to creating a plan for starting or running your business. At the end of the series, if you follow the articles and complete each section, you will have a complete business plan you can use to operate your business or seek financing. Each article will cover a different topic:

A business plan is a tool for gathering all the important information about running your business and your financial condition all in one place. Most people think of business plans only when they are seeking financial assistance from outsiders. However, a well done business plan will help you run your business on a day-to-day basis according to a preset, well thought out and organized plan. Even in times of unexpected crisis, your business plan is a great tool,to keep you focused, on track and mindful of the big picture you have set for your business. Let’s start with the purpose statement.

Purpose Statement

This is the initial section of your business plan. In this section you identify the purpose of your business. Here you state exactly what it is you plan to make, do or sell.  This section will also be where you list your goals for the business. Pick three goals and make each goal SMART (Specific, Measurable, Attainable, Results oriented, Time-bound):
Make-Your-Goals-SMART-
Those of you who are starting a business and need to borrow money, use this section to list out how much money you need, your proposed re-payment plan, how much money you are contributing, the reason for the loan, what you will do with the loan and what collateral you are willing to pledge.


Executive Summary

This second section of the business plan is used to give a brief overview of your plan. In this section, you give a hint of the things to come later in the plan. Start this section with a listing of your company contact information, including the following: company name, address, phone and fax numbers, email address and web page.  A person who reads this section should be able to clearly understand what you plan to do, company history, management expertise, products or services, your financial condition and growth projections.  When I draft business plans for clients, I do an a sample draft of this section and revise it later because this should be a reflection of the completed plan.

Business Information

This is a major section of your business plan.  You will need to set aside a significant amount of time to complete this section.  In this section, provide an overview of your business. Give the company name and location. If possible, describe the building and include building photographs. Tell readers the nature of your business, what kind of business it is (partnership, corporation, etc. ). Give the date the company opened or will open. Provide full contact information for the owners. This is the heart of your plan, and you will not want to rush through this section. This major section includes the following subsections:
     Personal Financial Statement
Use this section to describe your current financial condition.  It is a good idea to include tax returns for the past three years. If this is a business start up, include your personal tax returns as well. Be sure to include state and federal returns.

     Business Description
This is the place to share your business hours and location. Make sure you also include your accounting method and procedures, quality control procedures and any return policies.

     Business History

This is the place to give the history for your business. Share when the business was founded, by whom and the original mission for the company. List the original purchase price and start-up costs. In additionally if there were unique or interesting factors that influenced the creation of the business share those here.



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Now, sit back and complete these business plan sections over the course of the next week so you will be ready to work on the personnel section next week. While you are going through this process, if you need additional help and support, feel free to contact me:

Janeane Davis
James, Davis and Associates
2737 Cambridge Street Suite 2
Philadelphia, Pennsylvania 19130
215 586 3897
janeanedavis@janeanesworld.comIt-is-thrilling-toA business plan is an important tool for starting and running your business. With time and little work, you can create a plan for success. So the question for you this thrilling day is,what is your plan for running your business?
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