Monday, 10 December 2012
Free Business Start Up
You can not wear all the hats in running a business, just as you can not be all things to all people in your product or service offerings of your business.
There are not many things written on how to adjust as you go to the "reality" of the day to day operation, however; there are many articles written about "Plan to Fail by Failing to Plan" that offer advice regarding the initial business plan which can not be understated.
" My response to the "team" was kept to myself as I thought quietly that I was not going to be drawing a salary myself let alone have a "team. During the process of writing my business plan there was often a reference to "your team" in the classes at my Small Business Center at the local community college.
The outline below describes my "team" a year later:
I found out early on that I was not a site developer within two weeks of enrolling in a FrontPage online class and started immediately to search for those that could take my ideas and bring them to fruition. Team Member One: - Site Developer.
The only good thing that came from this class was meeting someone that knew what they were doing and hired them. Time that could have been better spent on the areas of the business that needed my undivided attention, i wasted valuable time as well, not only did I waste literally thousands of dollars being so determined. Being "determined" enrolled me in a Google Adwords class and building my own campaigns. I was again reminded that while determination may be a virtue that being down right stubborn is not! Team Member Two: - Adwords Consultant.
Dynamic pages versus static ones and the like are outside my knowledge base, the tags and where they need to be placed. I am anything but a HTML guru, write articles regarding girls plus size clothing and participate in link exchange programs, while I blog. Team Member Three: - SEO Optimization.
This means that your business needs to look credit worthy to a lender. Starting a business out of your own pocket can adversely affect your credit score significantly and there will come a time that you may want to grow the business beyond your own ability to do so out of pocket. Your business needs its own credit score and needs to stand on its own two feet financially, yes. Team Member Four: - Business Credit.
Your family eating another frozen dinner and unpacking boxes after a long day at their regular jobs, vendors extending credit, lawyer for LLC, - CPA for tax filings. Etc, seven, six, team Member Five.
Negotiate with vendors and pay the bills, buy the product, provide customer service, someone has to coordinate the team members, i am not just the idea person. If I have left you with the idea that I have delegated all the work to others I am leaving you with a false impression.
After all that would mean the business is taking off as planned, now a year into the process I will never say never to employees. So far contractors and consultants have done the work I have needed to have done. I took one thing away from my many years in HR and that was that I never wanted W-2 employees.
So in your business plan incorporate the team you are going to need upfront. While determination in business is a "good thing" trying to do it all yourself is not and often more costly than hiring it done in the long run.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment