Michelle Goodman will be available via live chat to give advice on how you can be a successful entrepreneur. Live chat: 7.29.07 at 7pm EST, here on Writers Revealed.
Late last year, I wrote an article on how to craft a kickass business plan. What you can’t see in the online version of the article are the do’s and don’ts of business plan writing. So I’ve posted them here. But first let me say that the simpler your business model, the simpler your plan can be. It’s when you’re going for the big money (loans, investors) that you need a big beefy plan. A freelance writer, however, can get away with a one- or two-page plan; when you’re a company of one with little overhead, the main purpose of the plan is to get real with your finances (what you have and what you need), identify your target market and competition, and clearly define your goals (e.g., “I want to land three Fortune 500 clients by June 08,” “I want to ten clips in markets like the NY Times and WA Post,” etc).
OK, so without further adieu, my business plan do’s and don’ts…
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