Some ideas to help you get your dream onto paper and from
there into reality.
The first step is to write a business plan. You can download a template
Writing a Business Plan is not as hard as you may think and it is a way
for you to become more focused on your dream and what it will take to make it
If you are going to present your business plan to others remember this,
Their time is valuable and they do not want to read a 50 page essay. They want
to know the following:
Do you have a clear picture of your dream?
Have you done any market research to see if your dream is viable? You can
use the Internet and your local library to do this.
Do you have a clear picture of the steps needed to make your dream come true?
Do you personally have the management experience to bring this dream into
reality? It has been said that "A good manager will hire all the skilled people
he needs but a "skills" person will not hire all the managers he needs.". The
people looking at your plan want to know if you have the ability to, or are
willing to hire someone who has the ability to, control your business.
This is not an "ego trip". If you do not have the experience to manage this
venture, let the reader know that you are looking or have already found some
You should incorporate your new company. The following link to
will show you how to do this on-line.
Corporations are controlled as follows:
Shareholders elect the Board of Directors who appoint the Officers (hire & fire).
So, if you do not have the experience to run your new company, you can still
control it by being the major shareholder (51 or more percent of the shares) and
electing yourself as Chairman of the Board. As Chairman of the Board you have the
power to steer the company while hiring someone to manage the day-to-day
If you have to find someone to help you get your company started, try to
find a company that will help you build a solid infrastructure and train your
staff to use it effectively. They should train themselves out of a job within 6
months to a year. Do not use a company that uses a "cookie cutter" approach but
instead find a company that will get into your dream and develop a system that
will meet it's needs. A solid control system at the start will give you
a better chance to succeed and manage your future expansion.
Their services will not be cheap but your dream is worth it.
A father took his family out for a bite to eat in the early afternoon on a
weekday. After they placed their order at the counter the cashier gave him a
number. When they had selected the table they wanted to sit at the father placed
the number on the table. His son said "What is the number for dad?" and his
father replied "It is so that when our order is ready they will know who to
bring it to."
The boy looked around at the empty room and said "I don't think they are going
to have any trouble finding us dad!"
The father said "I know that son, but this is the procedure that they use all
of the time so when the room is full the waiters know how to find the right
The morale of the story is "If you start right you will be able to handle
Another important part of your plan is the spreadsheets (links are included
in the template) showing what it is going to cost to start your dream and a
projection of the on-going costs and revenue realisticly expected. Tip: Do not
be overly optimistic about your revenue and do be overly optimistic about your
expenses. It is better to have your actual expenses be less and your revenue
be more then you forecasted rather then vice-versa.
Good luck in your pursuit of your dream! Remember, there are no short cuts to
success! "If it's worth doing, it is worth doing right!"
Feel free to contact me at 705-646-1076 or by E-mail.
Have a super one!
By the way, if you are looking for a some good software to do spreadsheets,
word processing and presentations click on the following, it's free!