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The Steps to Prepare and Execute an Effective Business Plan

Dora Houston

Many people are afraid of the idea of preparing a business plan because they think it is a complicated set of unnecessary documents which exist only to make their life more difficult. Business plans are necessary because they help an entrepreneur to see his business. Instead of talking in abstract terms about the customer base and the profit potential, a business plan helps to see the business deals in concrete terms. A business plan also forces an entrepreneur to think through every aspect of his business in advance. These plans also make other people interested in someone’s business. A business plan shows people that the creator of it is professional and he understands what it takes to start and manage a business. If external funding, loan or investment is needed business plan is all the more necessary.

business plan

A business plan should cover five main sections which are listed below.

  1. Executive summary: This section technically appears first, but entrepreneurs write it last as it is the summary of an entire business plan. Many readers do not go beyond the executive summary, so this should contain the gist of all sections and such readers should get an overall idea about the particular business just by going through this section. Therefore, an entrepreneur must make sure that this section is comprehensive and well-written. An entrepreneur must read the entire business plan before writing the executive summary. The information which will stand out to a reader must be included in the summary.

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Blogging, Social Media Marketing TrainingLeave a comment

10 Exclusive Tips To Write Content That Gets Liked And Shared

Luke

Good content is the fuel that drives a particular website or a blog. Some of us might be good at writing but we still can’t get what can be termed as ‘Quality content’ no matter how hard we try. Most of such problems are related to one’s experience in the field while some might have got the concept totally wrong in the first place. There aren’t any hard and fast rules or guidelines to content writing, but what many of us basically lack is a working format. In this article we will share few of our exclusive tips to good quality content writing that is guaranteed to get liked and will hopefully be shared. The points below are a step by step guideline to writing professional quality content for a website or a blog.

quality content is shearable content

 

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Entrepreneur, People I Learn From :), Personal GrowthLeave a comment

Secrets of A Spiritual Millionaire by T. Harv Eker free webinar approaching

Admin

Harv is perhaps one of the biggest personalities, with NY Times best sellers, millions of successful students and his now famous seminars “Millionaire Mind Intensive”. I’ve just registered to his new webinar coming in the following days.

Milionaire Mind Seminar in Barcelona
Milionaire Mind Seminar in Barcelona

In this ground-breaking FREE masterclass, you will…

Discover how to become a “Spiritual Millionaire“… someone who is kind, balanced, generous, peaceful, spiritual – AND really, really RICH! Continue reading “Secrets of A Spiritual Millionaire by T. Harv Eker free webinar approaching”

Entrepreneur, People I Learn From :), Product Reviews1 Comment

Joel Comm and Dan Nickerson have something new and amazing!

Admin

Do you read a lot of business books? Have you ever noticed how most of them have a few core principles, and the rest of the book is just fluff? Maybe you attend seminars or webinars, and after hours and hours of listening and watching, you’ve got one page of notes with the “nuggets of wisdom” from the speakers. Don’t you find that frustrating? Wouldn’t it be great if there were a website with “just the nuggets”? Joel Comm, the NY Times bestselling author and serial entrepreneur, and his joint venture partner Dan Nickerson, have just launched Growing Profits. It’s … Continue reading Joel Comm and Dan Nickerson have something new and amazing!

Personal GrowthLeave a comment

Get 10 personal development gifts for free to prepare for your breathtaking future

Admin

My blog becomes (and I’m happy about this) a personal development hubb, a place to find useful resources to build the life of your dreams. Recently I’ve joined along with Christopher Westra, Kristen Howe, Carolyn Hansen, Khai NG, Geoff Wilkins, Wilson Lau, Jay Bennett, Mike Evans, Anik Singal, and Jason Eckhart an online event Continue reading Get 10 personal development gifts for free to prepare for your breathtaking future

Money & Finance, Personal Growth1 Comment

10 Ways Rich People Think of Money Differently

Admin

New Girl star Zooey Deschanel enjoys an income of $95,000 a month but reportedly still lives on $22,500 a month, and that already includes her donations to charity. Veronica Mars actress Kristen Bell is also very proud of using coupons for her daily expenses. Facebook founder Mark Zuckerberg, whose net worth is $9.4 billion, still drives a simple Acura. Zara founder Amancio Ortega still lives in a low-key apartment with his wife in La Coruña, Spain, and still drives a simple Audi A8.

Wealth creation is not an exclusive ability, but there are common aspects that rich people share that average people do not possess.

Bill Gates Ice Bucket Challenge
Bill Gates Ice Bucket Challenge

Authors like Steve Siebold of “How Rich People Think” have already documented such traits. The list below is derived mostly from Siebold’s survey but some are taken from other sources. Check out the list below and see if you can emulate these traits. Continue reading “10 Ways Rich People Think of Money Differently”

Entrepreneur, People I Learn From :), Real Estate Overseas Investments, Travel With Me Around The WorldLeave a comment

Entrepreneur Develops Food-Based Neighborhood

Admin

Cedric Naudon is a wealthy French entrepreneur with a penchant for fine food. Nothing notable there— French foodies are a dime a dozen. But unlike most those other foodies, Naudon owns half of a neighborhood in Paris, and his plans for the area would make anyone’s mouth water.

Naudon’s plan for the neighborhood, as featured in The New York Times, is to turn the area into an epicurean village called La Jeune Rue (Young Street).

Developed with the help of an international team of designers, the plans include a butchery, a cheesemonger, an organic bakery, an oyster bar, a fishmonger, ethnic restaurants, and a clique of neighborhood mainstays. The butchery will include a library to allow patrons to read all about the cuts on offer. Continue reading “Entrepreneur Develops Food-Based Neighborhood”

Real Estate Overseas InvestmentsLeave a comment

Colon Province Focus Of Renewal

Admin

According to gogetitnews.com, Panama’s underdeveloped province of Colon is about to undergo significant development ventures. Focusing on development of Colon, Panama’s second largest province, was a central aspect of President Juan Carlos Varela’s recent election platform. The Ministry of Public Works and the Ministry of Housing will work together towards renewing the province, including building better homes for the inhabitants. Furthermore, Varela has signed the tender calling for an urban renewal project, but exact costs and construction dates are currently unknown. According the gogetitnews.com’s report, the project will benefit about 25,000 people in the city by building up to 5,000 … Continue reading Colon Province Focus Of Renewal