Sunday, February 3, 2013

My Business Plan


Creating a business plan takes a lot of research, insight, and drive. Over the past month I had to really think about what I wanted my business to be, how I wanted to be different from my competitors, and what I hoped to accomplish through my business plan. When going back and reviewing the expert’s outlook on a great business plan, I definitely took into consideration some of the things that they mentioned. I wanted to come up with a spin on an old idea, create something that was groundbreaking, create a team that could work together to provide the best possible service, and most of all make my business plan stand out. I actually presented my business plan to a friend of mine and tried to give a brief description of what I wanted my company to do. After some harsh words, he really made me realize that when trying to sell a business who have to be as thorough a possible. It is vital that you give all the information that would help someone want to invest and see you business grow. The experts said that it was important to stand out. Realizing this I attempted to re-pitch my business. I gave him a step-by-step breakdown of what we hoped to accomplish and what new ideas we could possibly bring to the market that we are entering. He was definitely impressed.  The more efficient you are the better chance you have of someone seeing your dream and working to make it a reality. 

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