Monday, August 16, 2004
Every business should have a business plan. It is the firm's resume. It informs clients, customers, suppliers, vendors, and financial institutions about the business.
There is a wealth of information about Business Plans and how to put them together. There are websites, consultants, books, software and articles on how to write a Business Plan.
The Business plan is the plan on how the business is to work. The Business Plan should answer the following questions.
- What services or products does the business provide?
- Who are the potential customers and why will they purchase it from you?
- How will you reach your potential customers?
- Where will you get the financial resources to start and run your business?
The Business Plan is the foundation for the website plan. If you do not have a Business Plan, you should create one.