There are two main reasons for writing a Business Plan: to succeed as a business, and to get a loan. The first reason means that every new business needs a Business Plan!
Being here on this Dubai dream trip has me feeling super grateful for leaping into this lifestyle, and inspired me to tell you about five bigger-picture benefits anyone (including you) can earn as an entrepreneur. Being an entrepreneur is not for the faint of heart. It takes courage, perseverance, consistent action, fierce commitment to hard work, and a fire in your belly that will burn through any obstacle or rough patch.
The following is a compilation of the most common business plan mistakes. Avoiding these mistakes before you write your plan will make the task a lot easier – and give your new business venture a much better chance of success.
Some businesses have built a marketing infrastructure which constantly brings in new leads, follows them up, nurtures and converts them into raving fan customers. Other businesses do “random acts of marketing”. These sporadic, one shot, random acts of marketing usually end up costing more than they bring in. To build a system, we need to think it through from start to end, understand how it works and what resources we’ll need to run it. Here are a few of the assets in the author's marketing infrastructure:
Business planning is critical to the success of any business venture. But it’s also one of those tasks that many entrepreneurs procrastinate over or sweep under the carpet, often until it’s too late. Business planning doesn’t have to be a burden. It not only ensures you succeed, it helps you get there. Here are a few tips to help you keep it simple.
Let’s put startups, entrepreneurship and life in proportion. What are the biggest mistakes in startups. Here is a list of common mistakes to avoid and some cautionary stories.
Here, learn how to increase the customer satisfaction on your company's website by posting the right content at the right time.
Here, the authors share how to proceed with hiring a new employee. When you can or cannot proceed with a contract.
Here, the author shares how to help your customers find you.
Here, the GoDaddy team shares how to increase sales on your site with a few strategic steps.
Here, the author shares how to manage the website, not just build it and forget about it.