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SBA Business Plan Webinar – Part 1 of 8

SBA Business Plan Webinar – Part 1 of 8


Business planning is about determining your
business future. Where do you want your business to go? Where should it be in three years, and what are the steps to get there? You might even stop this tutorial, put on
pause and write some key points down. This is your future, this is your business. What should happen? What are you real goals? This is also a good time to talk to your people, get ideas, brainstorming. Where are you going and why? That’s what your plan is going to be about. Your business plan will be your story, your words, your numbers. It’s about your business. True, many people avoid doing a business plan until they’re starting a business or raising money, need to go to a bank need to get outside investors. But really, every business ought to be planning. Just like you want to determine your future, you want to determine your business’s future
too, and that’s what your business plan will help
you do. You can do your own business plan. Outside experts might be great if you have
the budget, but you don’t need to be a CPA or an MBA to work out the details, priority, and strategy
of your own business. You know your own business better than anybody
else. You are uniquely qualified to do your business
plan. And as you do that remember, plans always change. Don’t think that you have to know now exactly what’s going to happen six, nine, twelve months from now. No, the point of getting the plan into place
is then you’ll be able to manage the change, correct your course as needed, know where you were supposed to be, where you are, and why they’re different. Business plans always change. The plan is never going to be right. It’s going to be a tool for keeping your business development right.

Comments (12)

  1. Yes, this is an effective business plan tutorial.
    I recommend it. Charles Rose

  2. Thanks for taking the time to put this together!

  3. I'm watching this for a pharmacy management class.

    $:|

  4. slaps you in to reality! thanks for sharing!

  5. "This is your future, this is your business, what should happen, what are your real goals?"

  6. @tipsofbusiness We hope you found this video series helpful then. You can find more videos of a similar nature through our YouTube channel and articles along the same lines on our website at BPLANS dot COM

  7. this is a perfect business plan tutorial that i will recommend.

  8. Yes, thank you 🙂

  9. Appreciate the perspective

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