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1. Grow your existing business. Establish strategy and allocate resources according to strategic priority.
2. Back up a business loan application. Like investors, lenders want to see the plan and will expect the plan to cover the main points.
3. Seek investment for a business, whether it's a startup or not. Investors need to see a business plan before they decide whether or not to invest. They'll expect the plan to cover all the main points.
4. Create a new business. Use a plan to establish the right steps to starting a new business, including what you need to do, what resources will be required, and what you expect to happen.
5. Sell your business. Usually the business plan is a very important part of selling the business. Help buyers understand what you have, what it's worth and why they want it.
6. Deal with professionals. Share selected highlights or your plans with your attorneys and accountants, and, if this is relevant to you, consultants.
7. Develop new business alliances. Use your plan to set targets for new alliances, and selected portions of your plan to communicate with those alliances.
- Don't put off the legal groundwork
- Don't be afraid to learn faster than anyone else
- Don't forget to reach out to mentors and advisors who have done it before and believe in you
- Don't forget that you get what you pay for — especially when it comes to talent
- If you don't have a lot of money, don't be afraid to compensate your team with equity
- Don't forget that this will take over your entire life
- Don't assume people will be as responsible as you are
- Don't forget that you need a partner you can trust
- Don't neglect your physical health
- Don't forget to develop a thick skin. Not everyone will be sold on your idea at first
- Just do it
Congratulations to Pablo Fernandez on his finished product; Tattoocyn Forte! Tattoocyn Forte is marketed and sold in Switzerland, Sweden, London, and Belgium and used by celebrities such as; Rhianna and many more. Pablo is a repeat client whom IWRITE has developed and completed the packaging for Tattoocyn ForteThis can be you if you are ready to get your business, product or services out in front of your clients and customers.
This isn’t my first entrepreneurial rodeo. I started my first business in the early 2000s, before I was lured back into corporate America and all its fancy resources, stability and brand names. But after five years of the so-called stability, I was ready for that freedom again—freedom to tweet, to travel and ideate. Freedom to speak as I saw fit, to work where I wanted and to manage my own time. That’s just not possible in corporate America.
I get it—there are brands and images to protect, a voice to maintain. But I’m from Philadelphia, and we’re just not quiet people.
Unfortunately, another run at entrepreneurship came with an unexpected freedom—freedom from focus. All this newfound freedom meant zero accountability to anyone but myself. Before I knew it, I was spending more time tweeting than consulting, more time having coffee than getting new business. As an entrepreneur, freedom must be managed properly and use it for true business productivity. Here are four key ways to do just that:
The economy added a net 69K new jobs in May, according to this morning's Non-Farm Payrolls report.
And nearly half can be attributed to one industry: Healthcare.
Over 30K new jobs were created in this industry.
What's more, as you can see in the chart below (which measures the monthly change in the industry), there hasn't been a single negative month in this industry all through the recession and recovery. Source
Simple (formerly called BankSimple) wants to merge all accounts into one and do away with fees by splitting the net interest between all of the banks involved. It's partnering with Visa to create one, ultimate credit card that connects to all of its partner banks and 40,000 fee-free ATMsLytro is the first light field camera that allows you to "shoot now and focus later." Here's how it works: 1) Take a picture 2) Upload it 3) Click on a blurry section that you'd like to highlight 4) Watch the image instantly shift focus from 2D to 3D.
Betterworks is an employee rewards network for small businesses. Instead of having to scout out great deals for employees, small businesses and startups can use BetterWorks to offer their staff deals at local gyms, restaurants and more.
Zaarly is a local marketplace for real-time requests. Need chips at your party in five minutes? Find a neighbor on Zaarly who will do it now. Think Craigslist meets Twitter.
Turntable.fm is a way to listen to music online with groups of people. Users can join chat rooms and battle to become a DJ in a socially-integrated experience.
Oink is a recommendation app that lets you rate items at the venues you visit, like hamburgers and coffees.
General Assembly is a school for entrepreneurs with courses taught by the community and cheap desks to rent office space.
PostcardMania. Joy Gendusa was a freelancer who wanted to buy some postcards to advertise her business. She was shocked by the unnecessary fees she had to pay just to get some postcards made, so she decided to start her own postcard business with a friendly price structure for customers. PostcardMania was born.
Gendusa started the company with no capital investment and used the money from the first customer to pay the printer for her first postcards. In the early days, the payment schedule was tight. She had to get money from the customers and use that cash to pay her printer, but she kept bringing in new business and eventually built up a little bit of cash.
As PostcardMania continued to grow, Gendusa noticed customers asking for other services. They would say things like, "Who built your website?" or "Can you do email marketing too?" So PostcardMania started branching into those areas as well. Today, the company offers all sorts of advertising and marketing for its clients and makes close to $20 million per year.
Blue Buddha Boutique. Rebeca Mojica went to a Renaissance Festival and noticed a unique metal belt made from chainmaille rings. After searching for something similar, she couldn't find the belts anywhere and decided to try and make her own.
Mojica spent $20 on that first set of rings and sold a few belts to a few friends and family. However, it wasn't until she started teaching other people how to make the belts that she really saw the potential for a business.
Mojica began teaching chainmaille classes and decided to sell the rings and pliers needed to make the belts to her students. She made $300 the first time she sold the supplies. Soon after, Blue Buddha Boutique was born and it rapidly became one of the top sellers of chainmaille jewelry supplies. Blue Buddha Boutique now has 13 employees and is set to break the million dollar mark in 2012.
M&E Painting. Matt Shoup worked as a painter during the summers in college. When he was let go from his job his financial services job a few years later, he decided to start a painting business.
Starting with just $100, Shoup woke up the next day and went door to door in his neighborhood, knocking on houses that looked like they could use a paint job. He enlisted a few friends for help and M&E Painting made more than $500,000 in that first year. Seven years later, the company has more than 4,000 customers and makes between $1.5 and $2.5 million every year. Source
Many baby boomers plan to keep working in some capacity after retirement. While some people will delay retirement because they need the money, others will take a job to ward off boredom and keep busy.
Previous generations of retirees may have envisioned retirement as a relaxing, stress-free escape from the demands of the working world. A more labor intensive and often physically demanding work typified earlier careers, and retirement was often necessary for a tired and worn out body.
However, the demands on today’s knowledge workers are more mental than physical. Many baby boomers, who have already begun to reach age 65, are far from physically exhausted and often have much more to give. Few of these active seniors have a physical need to retire from the working world. And many baby boomers are choosing to continue working well beyond age 65...
Instead, retirement can be a time to explore creative new avenues, and put the skills you have cultivated throughout your career to work in new ways. Your second career can be an opportunity to venture down an avenue that has interested you, but that you were unable to pursue due to circumstances. In retirement, you have the freedom to choose what you want to do rather than what you have to do.
Thinking about writing a blog? Been writing a blog for some time now and have yet to establish any growth (and by “growth” I mean “increased pageviews”)? Over the past 10 years I’ve refined my blogging skills—that’s right, I started my first blog back in 2001 and it is so embarrassing by today’s standards that I’m almost unwilling to link to it … almost. Blogs for writers are everywhere, and there’s often good advice on them about writing a blog. There’s also plenty of not-so-good advice. It can be frustrating.
Now I currently run three successful blogs: Questions & Quandaries, The Life of Dad and this online editor blog (which I’ve begun calling The Writer’s Dig). It’s been a challenge juggling them but, by sticking to these 12 specific dos and don’ts of writing a blog that I’ve developed over my years of experience, I’ve been able to establish growth (increased pageviews). I hope they can help you learn how to write a good blog too.
When Writing a Blog Do …
Find your focus.
To do this, you must first ask yourself this question: Who are your target readers? Once that’s settled, you can home in on a niche category (like this one focuses on writing) and be the expert on it.
Be relatable, be yourself.Read the full article at Writer's Digest
What sets bloggers apart from newspaper article feeds is voice. Your content is what draws them in while your personality, or your voice in writing, is what will keep them there. Let your readers get to know you.
Proper capitalization is one of the cornerstones of good grammar, yet many people fling capital letters around carelessly.
Not every word deserves to be capitalized. It’s an honor that must be warranted, and in writing, capitalization is reserved only for special words.
Most of the grammar rules are explicit about which words should be capitalized. However, there are some cases (like title case) in which the rules are vague.
Capitalization of Titles
There are several contexts in which we can examine capitalization. When writing a title (of a blog post, for example), almost all of the words in the title are capitalized. This is called title case.