5 Tips for Building a Sound Business Plan

1. Write a business plan with a complete financial and marketing plan.
2. Your marketing strategy should be built around your strengths, your competitor’s weaknesses and the customer’s desires.
3. Test the reliability of your business—know why it will work and how you will make it work. Think your business through step by step.
4. Allow at least two hours every week for thinking and planning. Do not let anything interfere with this time.
5. Establish an annual operating plan.

Brought to you by SCORE "Counselors to America 's Small Business."

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