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Hello Friends
1)Develop your personal and company goals:New business success requires a combination of knowing what you are doing and capitalizing on a good opportunity. Develop and clearly state your goals in a written plan, which will then serve as your road map. They give you a sense of direction and help you get to your destination, a successful business of your own, with a minimum of time, effort, and expense.
2)Define a viable market segment for your product or service:The next step in starting a new venture begins with listening to the marketplace. Define an unmet consumer need first, before you develop a product to satisfy that need.
3)Develop your marketing plan. The purpose of the marketing plan is to describe how you will attempt to create and maintain customers for a profit. It needs to state whom you are going to sell to, how you are going to penetrate the market, why you will be successful with your sales campaigns, and finally, how much you will sell annually over the next five years.
4)Write your initial version of the business plan:Your business plan must reflect the unique environment you will be operating in as well as what you plan to be your competitive advantage. It is an outline of the direction in which you plan to take your company, an analysis of your business strengths and weaknesses, and a skeleton from which your formal business plan will later be developed.
5)Determine your financing needs:Once you have developed a rough business plan, you can begin to determine your financing needs, which will be incorporated into your formal business plan.
6)Form your key teams:founders, management, and directors. Before developing your formal business plan, you must make sure you have put together a solid management team.
Have a nice day
Topic starter
Posted : 22/02/2010 3:53 am
Re: Powerful Steps to Small Business Success??
Hello Friends,
What decisions do you need to make today in order to start moving toward the top of your field? Whatever it is, either to get in or get out, make a decision today and then get started. This single act alone can change the whole direction of your life.
Decide What You Want:-Step number one, decide exactly what it is you want in each part of your life. Become a “meaningful specific” rather than a “wandering generality.”
Write it Down:-Second, write it down, clearly and in detail. Always think on paper. A goal that is not in writing is not a goal at all. It is merely a wish and it has no energy behind it.
Set a Deadline:-Third, set a deadline for your goal. A deadline acts as a “forcing system” in your subconscious mind. It motivates you to do the things necessary to make your goal come true. If it is a big enough goal, set sub-deadlines as well. Don’t leave this to chance.
Do Something Every Day:-Do something every single day that moves you in the direction of your most important goal at the moment. Develop the discipline of doing something 365 days each year that is moving you forward. You will be absolutely astonished at how much you accomplish when you utilize this formula in your life every single day.
Thanks.
Posted : 22/02/2010 11:23 am
Re: Powerful Steps to Small Business Success??
1)Decide What You Want:Step number one, decide exactly what it is you want in each part of your life. Become a "meaningful specific" rather than a "wandering generality."
2)Write it Down:Second, write it down, clearly and in detail. Always think on paper. A goal that is not in writing is not a goal at all. It is merely a wish and it has no energy behind it.
3)Set a Deadline:Third, set a deadline for your goal. A deadline acts as a "forcing system" in your subconscious mind. It motivates you to do the things necessary to make your goal come true. If it is a big enough goal, set sub-deadlines as well. Don't leave this to chance.
4)Make a List:Make a list of everything that you can think of that you are going to have to do to achieve your goal. When you think of new tasks and activities, write them on your list until your list is complete.
5)Organize Your List:Organize your list into a plan. Decide what you will have to do first and what you will have to do second. Decide what is more important and what is less important. And then write out your plan on paper, the same way you would develop a blueprint to build your dream house.
Have a nice day
Posted : 23/02/2010 9:32 am
Re: Powerful Steps to Small Business Success??
I have some tips-
1.Do what you do, and do it well- You might be a writer, a virtual assistant, or a publicist. No matter what your trade, work to be the best at it. Know your business, constantly improve, and have guiding principles that define how you work and who your ideal client is.
2.Be systematic and consistent about promoting your business-The strategies and tactics you use to market you and your services or products are much less important than the regularity and consistency in which you do them. Pick the things that work for you, develop a plan of attack around those strategies, and take small and steady steps toward reaching your marketing goals on a daily basis.
3.Nurture and grow your network- People mean everything to the success of your business. Take care of them. Surround yourself with clients and colleagues who inspire you to do your absolute best work, and then make it a two-way street. Be genuinely excited by their success, and they will be in yours.
Posted : 24/02/2010 3:44 am
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