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  Category: Articles » Business » Article
 

Ten Reasons to Finally Create A Business Plan




By Maria Marsala

This is a story, about a business owner who wasn't doing very
well in business at all. She had no business plan, no marketing
plan written down, but had heard, quite a bit, how creating one
would help.

So she moved 3000 miles from "home" and three months later, came
across an all day business plan seminar that had a profound
effect on her life and business. It was taught by Jim Horan.
Three years later, she taught the class in same exact place.
This is a very true "story".

So never start with a blank page. Create your One Page Plan soon
to help your business. And once you've created it, it's simple
to update!

1. Choose opportunities more wisely and waste less time because I
have my plan in place (P 6)

2. A single page can contain all the elements you need to tell
your employees, board of directors, potential partners or banker
where you are taking your business and how you are going to get
there. (P 17)

3. The most important reason to have a business plan is to
clarify your thinking, regardless of the size of your company (P
18)

4. It facilitates creating and analytical thinking, problem
solving, communication, and teamwork. (P 18)

5. It creates hope and enthusiasm about the future. (P 18)

6. It also brings out procrastination, frustration, differences
of opinions and possibly anger. (P 18)

7. Somehow writing initiates the transformation from idea to
reality. (P 21)

8. The written word produces a contract with yourself that
results in immediate action. (P 21)

9. Writing allows others to participate in your dream and give
you feedback (P 21)

10. Because your coach, consultant, business builder strategist,
friend, relative tells you that one of the top reasons businesses
fail is a lack of planning! That's why!

Quotes 1-9 are from the One Page Business Plan Book, by Jim
Horan. http://tinyurl.com/4woy2

C 2004 Maria Marsala, Business Builder and former Wall
Street Trader. "Powering-UP service busine$$es and
their owners". Providing articles, tips, classes, and
business resources in our ezine "SIMPLE Business Steps"
Learn more at http://www.ElevatingYourBusiness.com
 
 
About the Author
Elevating Your Business helps women who own service businesses and independent service professionals make more money, work fewer hour and enjoy life even more. Through the use of S.I.M.P.L.E. Business Solutions, we provide our clients with a confidential "ear", resources, tools, ideas and support that increase their organization and efficiency.



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  Some other articles by Maria Marsala
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