Bloodrose said: »
A little bit of a business insider:
Most people, when they start their own business, think they can do it - not because they are ready to be their own boss, are financially committed, emotionally committed, or have any kind of support in place, but because they just hate working for someone else.
They don't do the necessary research that goes into setting up shop to make it successful, or they refuse to purge the people that are bringing down the business, or become lax in meeting necessary minimum standards, and give all kinds of excuses for being failures at business in general.
When you work for yourself, you're working 24/7 for the first 5 years, until your name or brand is established (not literally 24/7, but you have to be prepared to sacrifice a lot to make it work)
Most people, when they start their own business, think they can do it - not because they are ready to be their own boss, are financially committed, emotionally committed, or have any kind of support in place, but because they just hate working for someone else.
They don't do the necessary research that goes into setting up shop to make it successful, or they refuse to purge the people that are bringing down the business, or become lax in meeting necessary minimum standards, and give all kinds of excuses for being failures at business in general.
When you work for yourself, you're working 24/7 for the first 5 years, until your name or brand is established (not literally 24/7, but you have to be prepared to sacrifice a lot to make it work)
It outlines the goals, needs, and standards of the business for everyone (the owner and the employees) to see and understand.
And business plans generally do not go further than 5 pages, I have seen some that are written on napkins (when we take on a new client, we generally ask for a business plan, which the owner sometimes write it on the napkin while we are at lunch).
