I believe that the most important thing in business is being able to plan your time effectively. Anyone can be a busy fool!
Prior to being self employed I was a production planner, so it is natural for me to know how to plan. The most important thing is lists, lists, lists, without them I would be lost; I have a daily to do...
Business Plans are a waste of time - right? If you have a good idea you do not need a plan and are guaranteed success - right? These are the views of a lot of small and some medium sized businesses and to some extent I can see why these views may be adopted.
Unfortunately, some organisations, who make a living out of the...
I built my business plan using PowerPoint which helped me to create impact and a memorable experience through visuals and concise information. I presented it to my partners who all got it straight away and we continue to review it quarterly to track progress and manage change.
I initially spent some time deciding the struture and...
Have a game plan and keep reviewing it. What are the risks, who are the key people and where will the business come from?
A lot of good business plans look like envelopes or the back of envelopes. Sometimes they might be a half page of A4 on Microsoft Word. The idea that a business plan is an essential pre-requisite for any successful business to be created is a fiction invented by banks and accountants.
The real entrepreneur will have a very clear notion...
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