Why You Need a Business Plan to Succeed in the Business World

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“By failing to prepare, you are preparing to fail.” ― Benjamin Franklin

If you are seeking to open a new business – either online or in the real world – and you don’t have the capital, you will need to seek help from institutional or individual investors. And the first thing they are going to want to see before they invest a dime in your business is your business plan.

What Is a Business Plan?

The business plan serves two essential functions:

  1. It provides a blueprint that you can use to build your business
  2. The business plan explains to investors why your business will be financially successful

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How To Pick The Best Online Business – Final Article of Series

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This is part 4 of the series on How To Pick The Best Online Business

In the first article we compared traditional bricks and mortar businesses with online and home based businesses in general. Read Part 1 – Click Here

In the second article we compared Shopping Cart website businesses and Drop Shipping business models.  Read Part 2 – Click Here

In the third article we compared Opportunity Schemes, MLM Businesses and Normal Affiliate Business models.  Read Part 3 – Click Here

This is the Final Article in the Series on How to Pick the Best Online Business.

This is what I have found by owning and,or managing dozens of Business. As well as being involved with dozens of Schemes and Opportunities, over the past 35 plus years. Read more

How to Pick The Best Online Business- Part 3 of Series

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This is part 3 of the series on How To Pick The Best Online Business

In the first article we compared traditional bricks and mortar businesses with online and home based businesses in general. Read Part 1 – Click Here

In the second article we compared Shopping Cart website businesses and Drop Sipping business models.  Read Part 2 – Click Here

First Lets Look at Opportunity Types of Money Making Schemes and Programs.

There are so, so many and the majority are here today and gone tomorrow and normally with your money. Some Opportunities (not all) have a passive income aspect, plus a referral side. Some just are straight referral commission based. Other more risky schemes involve betting, getting paid for clicking adverts for other opportunities. Many of these schemes, look very much like a ‘Ponzi Scheme’. Were you make money from introducing other people and no real products are sold. Read more

How to Pick The Best Online Business- Part 2 of Series

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Let’s Compare Different Home Based and Online Businesses

This is part 2 of the series on How To Pick The Best Online Business

In the first article we compared traditional bricks and mortar businesses with online and home based businesses in general. Read Part 1 – Click Here

I will share what I have experienced from 35+ years of being involved in all types of online and home based businesses. I also have the added experience of 17+ years as a web designer, helping hundreds of people either start an online business or improve their websites exposure.

Lets Start with Shopping Cart Businesses

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How to Pick The Best Online Business- Part 1 of Series

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Let’s Compare Bricks and Mortar Business to Online Businesses

This is part 1 of the series on How To Pick The Best Online Business

Please understand that our society can not perform effectively, if we all become smart entrepreneurs. We need the mechanics,  janitors, plumbers, road workers, nurses, doctors, taxi drivers, train drivers, police men and women, coffee shop & restaurant workers. You get the drift.

This series is for people that:

  • Want to be an entrepreneur and have been banging their head on the desk, trying to do it on their own
  • People that just can’t hack the 9 to 5 (or is it 7 to 7)
  • People that just want to make more money, without having another job.
  • Mums that want to stay at home – don’t want to go back to ‘Work’, that ‘Job’
  • Or are you like me, close to retirement or already retired and petrified how we could afford to live.
  • Or are you just smart out of the gate (school/college) and don’t want to be stuck in the Rat Race…

If you are an entrepreneur who has a physical business or product and want to market it better. Then by using the information I am going to share can dramatically increase your profitability.

What is your Plan B?

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The 7 Key Factors of a Business to be Strong & Successful

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key factorsIf you are about to invest in or buy a business you need to investigate using, these 7 key factors. Maybe it’s a business, a franchise, an MLM (Multi-Level Marketing) distributorship or you are looking to be an affiliate for a company.

The 7 key factors below ALL need to be in place and strong. Otherwise keep away from it. We were told about these key factors, by one of our very accomplished business coaches. Now we are passing the knowledge on, so you won’t be caught like we have so many times before.

Each of the 7 factors of business needs to be strong. Imagine that these 7 key factors of business are actually 7 spokes of a wheel.

One weak spoke and the business will either slow or stop altogether!

However just because a business ticks these 7 Elements… Does NOT mean it’s the best.. Also consider How much Control and Leverage and the ROI and Risk.

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