Over the past twelve years I have had the opportunity to work with well over one hundred businesses. Many of them have been successful but many of them unfortunately did not make it. The common thread among those that did not make it? You guessed it. No written business plan and in most cases no planning at all.
Where do you start in writing your business plan? I suggest reading the book, How to Write a Winning Business Plan by Joseph Mancuso. I noticed most recently you could get a used copy for $.02 on Amazon plus shipping. But don’t be fooled by the price, this is an excellent book full of good examples and tips for writing a top notch business plan. I also suggest you visit the SCORE Web site. The Web site has loads of information for entrepreneurs. You should also follow SCORE’s Five Tips for Making the Most of Your Business Plan.
To learn more about incorporating your business or setting up a limited liability company please visit Sullivan & Ward’s Web site.