Black Owned Business Booming with Business Plans Backing Them Up

Black Owned Business Booming with Business Plans Backing Them Up

According to Michigan Black Chamber of Commerce President and CEO Ken Harris, African-American businesses are growing at a rate three times the national average.

Harris substantiates the reason for this tremendous growth is partly that many younger adults are choosing to turn their passions of an idea into a business that will sustain them and their families.

"And, so entrepreneurship is extremely attractive," said  Ken Harris. "That's why we have a Chamber of Commerce to really nurture and develop young entrepreneurs; to put the types of resources in place that will allow them to benefit, to build their businesses more than just a one-employee business. But, more importantly, to compete globally."

Source: WWJ

 

This proves that anyone who has an idea and is truly passionate about it can bring it to life. With a professional attitude, tenacity and a bold persona, anyone can create a lifestyle for themselves and their families by putting it into action.

In order to be noticed and be able to compete, every business owner needs to start off writing down their business goals and aspirations in a formal written structure. This written structure is none other than a business plan carefully crafted to suite your business model and goals. 

We here at IWRITE can help you create a business plan that will help guide you through your business venture step by step.

Contact your IWRITE professional today for a consultation for your business plan!

Become a Better Writer Through Revision

    Become a Better Writer Through Revision    If you ever want to be successful at writing better and taking it to the next level, you will soon learn that revision makes all the difference.

Our friends at Writing Forward have some great advice for anyone including undergraduate and graduate students:

Some writers love the revision process; others think it’s a drag. Regardless of how you feel about revising your work, one thing is certain: if you want to produce better writing (and become a better writer), then revision is absolutely essential.

Revise What?

We use the terms “first draft” or “rough draft” when we are composing a piece of writing because almost every single project is going to have to go through a revision (or two, or three, four, or more). But what does that mean? How is it done? And what are the benefits?

We’ve already discussed the difference between proofreading and editing. Where does revision fit into all of that?

If you need help typing and revising your papers this coming semester, its not too late to contact us her at IWRITE. We can help you get the best grades possible from your written papers.

To revise means to change or alter. In the world of writing, revise means “to alter something already written or printed, in order to make corrections, improve, or update: to revise a manuscript.” (dictionary.com).

Generally speaking, revision involves making substantial changes to make the writing better. In fiction, this could involve changing characters’ names, realigning the plot, or re-sequencing the scenes. In other types of writing, revision might involve major structural changes (moving chapters around) or a content overhaul (adding, removing, or changing information). Sometimes, revision means rewriting a project entirely.

Source

Entrepreneur Freedom: How To Manage Your Free Time Wisely and Successfully

 Entrepreneur Freedom: How To Manage Your Free Time Wisely and Successfully

Susan Strayer for Young Entrepreneur Council has some great information for those of us who need to manage their entrepreneur freedom. Don't take this advice lightly. To be successful at any business, even the free time you gain, needs to be used wisely for your business.

Read more to find out why and hear her story:

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:

1. Avoid the downtime spiral. No more commute. No more required 9 to 5. No more endless executive approval meetings. It’s amazing how your calendar opens up! But it’s also easy to fill because initially, you have the perception of having more downtime (at least until you really get the business cooking). All of that flexibility means you can visit Mom and Dad during the week, or extend that weekend by an extra day. But it also means you quickly turn well-deserved downtime into wasted time. Instead, schedule your downtime in a way that works for you...
2. Use travel time wisely. Now that I’m not chained to a desk in a building on the other side of town, it’s easy for me to go anywhere for lunch or a meeting. Because of that, I often found myself spending more time in the car or on the subway than I did when I had a long commute to my corporate gig. I always offered to go to the person directly instead of meeting somewhere in between. Though there are cases where it’s appropriate and imperative to make that sacrifice, don’t always be the one to travel to an appointment...
3. Be social with a purpose. As an entrepreneur, you can now use that limitless voice as loud and as often as you want. But it’s so easy to get sucked into a long Facebook conversation with a fellow entrepreneur, or join every live Twitter chat your industry has to offer. Stop. Instead, be purposeful with your time on social media...
4. Be free from being an entrepreneur. While entrepreneurs are famous for living and breathing their businesses 24/7, there’s real value in stepping away, even if only briefly. I found that stepping away into something completely different is the best way to refocus.... Source

Susan Strayer gave some great information on managing your entrepreneur time. We can all use this knowledge to better our lives surrounding our business life.

To get focused again on what's important, if you do not have a business plan or need to create a new one for your new or existing business, you can get it done HERE at IWRITE. 

IWRITE professionals can help you turn your business ideas and goals into a winning and professional business plan.

Contact an IWRITE professional today!

Revamp Your Business Plan To Incorporate The Growing Mobile Technology

Small Business Owners Reinvent Themselves By Working Harder and the Growing Technology [Infographic]

Small businesses are stepping up their game in an uncertain economy, according to a survey by Sage Small Business.

The survey of more than 250 small-business owners reveals that they have been working harder and longer now than they were five years ago. While stress may be higher, business owners are employing new strategies, like using mobile apps, to streamline tasks and management.

Sometimes this means updating and revamping your business plan as well. Here at IWRITE Ltd Co, we can help you renew your business plan to incorporate the new and growing mobile and technological strategies emerging every day.

Get your business plan done by IWRITE professionals.

Check out this infographic from Sage to see how else small-business owners have adapted to changing times.

 (See infograhic in larger view HERE)

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