Why would you want to write a basic business plan as opposed to a more elaborate one? Most business owners I know struggle with the idea of writing a full-blown plan for their business. To be completely honest, writing a plan for anything, let alone a business you own or intend to start, is challenging because…
The S.W.O.T. scan is a great start in developing your Unique Selling Proposition (U.S.P.). This is either a statement or slogan that you can use in your marketing efforts to help distinguish you from everyone else in your market. What makes you unique? What do you do better than anyone else? If someone were to ask the question, “why you over any one else?” what would you reply.
Even so, the real problem lies somewhere else, in the contractor owner himself, especially if the owner is distracted by the boats, planes, sports cars or race horses. This produces the snowball effect that accelerates their demise.
A sure trick of running your business is to avoid the common hazards that all business operators face along the way and successfully navigating your way through.
If you sell affiliate products, or you sell affiliate products in addition to your regular line of products, which ones are selling? Which ones aren’t?
Sustainable growth figures showed that Company A could grow to a maximum of $301.7 million by Year Five (they grew to $348.7 million) and Company B to $184.3 million (they grew to $178.9 million).
Whichever method you choose, the important thing is to get started doing something no matter how small it may seem. Small consistent steps lead to big long-term rewards.