Don't Dream It, Plan It! How to Write a Highly Effective Plan for Your Business
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Six months into the 2020 COVID 19 Pandemic there was a boom in new business applications in the United States. It was the biggest surge since 2004.
Driven by furloughs and layoffs, entrepreneurs and new business owners are now looking for ways to seize opportunities that would allow them to work remotely, increase financial opportunities, and for some, avoid face to face interactions completely. What is not rising, unfortunately, are the rates of business success. Business failure rates have been consistent since 2008. Twenty percent of new businesses fail in the first year. By year five, 50% of the remaining businesses falter.
Fortunately, not every business is destined to fail. So how can you help ensure success in your first year of business? -- create a Business Plan.
How do you write a business plan? What things need to be included? That’s what this guide is all about. Keesha Gibson, Owner of Gibson Consulting & Solutions, walks you step-by -step through the process of creating a solid business plan. By the end, you’ll know exactly what to do to create your own plan for start-up and the growth of your business.
Driven by furloughs and layoffs, entrepreneurs and new business owners are now looking for ways to seize opportunities that would allow them to work remotely, increase financial opportunities, and for some, avoid face to face interactions completely. What is not rising, unfortunately, are the rates of business success. Business failure rates have been consistent since 2008. Twenty percent of new businesses fail in the first year. By year five, 50% of the remaining businesses falter.
Fortunately, not every business is destined to fail. So how can you help ensure success in your first year of business? -- create a Business Plan.
How do you write a business plan? What things need to be included? That’s what this guide is all about. Keesha Gibson, Owner of Gibson Consulting & Solutions, walks you step-by -step through the process of creating a solid business plan. By the end, you’ll know exactly what to do to create your own plan for start-up and the growth of your business.