#63 - Writing Your Business Plan

There is a saying “If you fail to plan, you are planning to fail”  

Do you want to increase the odds that your business will be a success?  Of course you DO !

A business plan serves several purposes.  Most importantly, it serves as a roadmap guiding your business.

Writing a business plan can:

• Help you discover any weaknesses in your business idea so you can address them beforehand.
• Identify business opportunities you may not have considered and plan how to take advantage of them
• Analyze the market and competition
• Give you a chance to plan strategies for dealing with potential challenges  
• Force you to calculate the financial needs of your business, so you can be prepared with adequate capital
• Determine your target market and how to reach them

The Business of Business, topics are divided into 4 Categories: Management, Operations, Sales, and Financial. Target Audience is Business Owners, C-Level Executives, Management, and anyone considering starting a business. Helping you run a successful profitable business.

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