Hobby or Business . a One Page Business Plan

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You may remember I asked in a blog whether you have a Hobby or a Business?

https://my.wealthyaffiliate.com/williambh/blog/do-...

One of the basic elements of having a business is having a Business Plan. Sometimes that can be a daunting task. For many of us here on WA a simple one is both a good place to start and it also maybe all that you ever need.


I use a "One Page Business Plan" from the guys at 100StartUp. It can clarify your thinking and make moving forward more easy. The resource* is http://100startup.com/resources/business-plan.pdf

It covers:

  • Overview of what you are doing
  • How you are getting customers
  • How you will monetise
  • Your criteria for success
  • Obstacles/challenges and solutions

I suggested a WA member use this and her blog report is below .. it is a good read because her experience gives some great insights into the outcome of having a Plan, thanks Jean.

https://my.wealthyaffiliate.com/boobish/blog/one-p...


Cheers, William.

Stay Focused, Move Forward


* This is a Third Party site, no affiliate links. Photo courtesy of Pixabay.

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Recent Comments

56

Hi William, thank you that is some good information and factual. A Business Plan is a necessity. Allow me to share an additional FREE that could help us as entrepreneurs in more ways that one. (Busienss Plan, FREE Advertising on a government site, etc.) https://www.sba.gov/starting-business. (NOTE: No breach in protocol intended.)

Thanks you .. yes more good resources there. Cheers, William

Very nice Bill. If you don't have a destination you end up going nowhere.

Thanks Stephen .. Cheers, William

Thanks William, simple Ann nice. Cheers. Goson

Yes Goson .. that is what I like about it. Cheers, William.

Sounds good to me.

Thank you Robert .. Cheers, William.

Simple yet effective.Thank you, William.
Bill

Yes Mr Bill! And thank you for your comment. Cheers William (Bill).

Completing this business plan certainly focuses the mind....so many business plans go into far much detail and you get bogged down. Thanks for the heads up on this simple one page plan.

Thank for your comments and insights Ian. Cheers, William.

If you don't plan you plan to fail

Thanks Jonathan .. Cheers, William

A business plan is essential. It applies to both traditional bricks and motar as well as online businesses. Thanks for bringing this important point up again William.
Jerome

Thanks Jerome .. great comment. Cheers, William.

William...excellent advice...anyone who tries to create a business NEEDS a road map, hence what you suggests is right on target...thanks!

Press On!

Arthur

Thanks for your input Arthur, very valuable. Cheers, William.

Thanks, William! You need to know where you're heading!! :-)

Yes John we sure do! Hope this helps a few people because it is so simple. Thanks for you input. Cheers, William.

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