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They’re never finished

29 May

My business plan is never finished and yours also may never be finished. I have a rather weak entry under the “Competitors” heading. I see some folks marketing themselves in my niche but they do not have the training, experience, or business savvy that I do. However, they exist and they can grab business. Competitors come and go, and I have to be conscious. This section may end up changing every time I open the business plan. That may be the case for you too. It is not good and it is not bad. You need startup funding, and to obtain it you should have a business plan in place first. Startup money is used for office space (if necessary), a web site, marketing, phone, car, printing, postage, insurance, and staff. You can fund this business yourself with funds from a personal savings account, investors, family members, and friends, but be careful before asking anyone to invest in your business…they may start telling you what to do. From Escape the Cubicle

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