Business planning 

Business Planning

"Will your business make money?"

Starting a small business is exciting. You might do really well, or you might lose a lot of money. How can you figure out what will happen before you start?

Wouldn't it be great to know how your business will do before you spend your time and money on it? You can make a pretty good guess. The more you plan out every part of your business, the better your guess will be. Then, figure out how much money all your plans will cost and how much you'll earn. This money plan will show you if your business will make money or lose money in a year.

Your business plan will help you decide if starting this business is worth it. Pick a business you really care about. Running a small business is hard work just to stay open. It can be stressful when problems come up, unless you really love what you're doing and want to help your customers.

When you write your business plan, it helps to add pictures that support your ideas. For example, include photos of where your business will be, drawings, or pictures of what you're selling.

If this is your first time writing a business plan, start with a simple version. 

If you already wrote a business plan and looking to make it more comprehensive, write an enhanced  version.

Managing a Business  

As you run your business, you might come accross the issues you did not expect. Here are some techniques to address those issues.