• Sun. Nov 28th, 2021

Janeane's World

We train teams to work with confidence and competence. Call: 484 381 0532. Email: janeanedavis@janeanesworld.com.

Take Action Now and Start Your Business

 

• Read – books, magazines, blog articles
• Online learning – OpenCourseWare classes, webinars, e-courses
• Internships – these programs are designed to teach participants the industry

Having the education required for business success will give you the confidence and competence you need to succeed.

 

Experience

No matter how much time, money, and education you have, there are some industries where actual experience is needed to run the business. If your business is in one of these areas, take action now to get the experience you need. Are you able to get full-time employment in this area? Is part-time employment available? Have you looked at internship opportunities? If experience is needed, take action now to get the experience you need.

If you want to try your hand at running a business of your own, take action now to make it happen. No matter what hinderance to entrepreneurship you experience, start eliminating it today. In order to succeed in business, you must learn to overcome obstacles and hardships. If you are able to overcome the things listed here and start your business, you will be well on your way to business success.

So, the question for you this magnificent day is, what do you need to do to start your own business?

If you would like to read more about business plans and starting a business, check out the following:

 

Business Planning Part 1 of 5 Introductory Matters

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 toolto keep you focused, on track and mindful of the big picture you have set for your business. Let’s start with the purpose statement.  Click here to read more.

 

Business Planning Part 2 of 5 Personnel

This section will deal with the business plan sections concerning personnel and organization.  As was discussed in Part One of this series,  a business plan is a tool for gathering all the important information about running your business and your financial condition all in one place. 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, a business plan is a great tool, to keep you focused, on track and mindful of the big picture you have set for your business.

Click here to read more.

 

 

Business Planning Part 3 of 5 – Marketing

This major section of your business plan will describe the market your business competes in and your strategy for competing. When filling in this section, be as complete and accurate as possible because it can help you keep your goals in mind as you proceed with your business. The marketing information section of your business plan is composed of a great number of sections, including:

  • Market analysis
  • Market research
  • Competitors
  • Market segments
  • Target market
  • Marketing mix strategy
  • Products/services
  • Promotions
  • Distribution
  • Pricing
  • Suppliers
  • Marketing goals

Click here to read more. 

Business Planning Part 4 of 5 Finances

The financial information section of the business plan is where you set out the financial aspects of your business. In this section, start-up businesses will include start-up costs and a description of how the loan will be used. This section will provide the reader with a clear picture of your profits and losses, cash flow and other relevant financial information. This is where you will put your balance sheet, income statement and other related documents. The financial information section of your business plan will include the following sections:

  • Use of loan money
  • Start up costs
  • Profit and loss statement
  • Cash flow information
  • Balance sheets
  • Revenues vs costs

Click here to read more.

 

 

 

 

 

Business Planning – Part 5 of 5 Financial Projections

We are now almost at the end of the business plan writing process and if you have completed each section, after today’s section, you now have a business plan you can use to operate your business or seek financing. As was discussed at the beginning of this series, a business plan is a tool for gathering all the important information about running your business and your financial condition all in one place. 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, a business plan is a great tool, to keep you focused, on track and mindful of the big picture you have set for your business. This final section will deal the financial projections section of the business plan.

Click here to read more.

https://janeanesworld.com/2012/12/06/thrilling-thursday-business-planning-part-5-of-5-financial-projections/

 

 

 

 

Thrilling Thursday – Business Plan is Done, Now Follow It

 

It is important for you to understand your business plan is not the end of the line. Instead, the business plan is the start of the line. The business plan is the first step on the road to profitability and success. Always look at the business plan as a tool, something you use to get a job done. When you plan to build a house you do not look at a hammer as the end of the line. Instead, you look at the hammer as a tool, something that will help get the job done. That is how you should look at your business plan. So, the question for you this thrilling day is how are you going to work your business plan?

Click here to read more.