Cobb Business Consulting

A Resource for Business

Whats Your Plan?

Whether you have been in business for twenty years or you are just starting out, you need a plan. If you are a veteran business owner than you may need to re-write your plan.

For anyone in business for themselves, you know that new ideas come to you all the time. For true entrepreneurs, new business ideas will make or break us.

What are you doing with these ideas?

If you aren’t writing them down, shame on you! The best advice I can give you is to stop reading this and go to the store. Pick up some pocket sized memo pads and take one with you everywhere. When something comes to you, jot it down! At the end of the day or the start of the next one you will be so glad to still have that idea.

Okay, so now that you still have the idea… whats next? Develop a plan. Start by writing down your goal or vision for this particular idea. Brainstorm the ways that you think you can reach that goal and achieve your vision.

The ideas I’m talking about can be anything from starting a blog about ‘x’ to starting your own restaurant. The best part about planning and tracking this progress is that we have something to build on. As cliche as it is, writing it down and having a tangible reference can be the difference between success and failure.

Eventually, these notes and ideas will lead to a full fledged business plan. I talk with people all the time who either own their business or want to start one, and they don’t understand how to write a business plan. I go to the bookstore and see shelves lined with books on how to write a business plan. The most important advice I can ever give you is that there is no right or wrong way to construct a true business plan. Ultimately, it is what we make it. What works for me, might not work for you. BUT, if you have a plan and you work it… it will work.


February 13, 2009 Posted by | Business Planning | Leave a comment