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Writing Business Plans/quit job,start a businees

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Question
i want to quit job and want to start a diary business.what should i keep in mind and how i should start?

Answer
Lots of things to keep in mind.

Businesses rarely make money for at least 6mths and often a year so do not quit your job until you your business established and ensure you have enough money to survive.

A business will not survive without customers so make sure you really research who your potential customers will be and what they are prepared to pay for your diary. Then set up your products to meet these needs.

Lastly you need lots of marketing and promotion to let people know your business is theref. You cannot just open and expect people to come.

Decide what kind of business you want. Are you selling to retail shops? People? Delivering! Shop? What kind of products are you selling!

Set up secure contracts with your suppliers so that your prices are fixed and deliveries gauranteed otherwise you will have customers and nothing to sell or your costs will rise.

Good luck, spend time planning before you leave your job and be sure of what you are selling to whom.

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Lee Lister

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If you are a serious entrepreneur and want to set up your own business or ensure that your existing business is more profitable then let me assist you. I own and manage a succesful business planning web site and have written many succesful business plans for companies all over the world. I answer questions on business start up, business strategy, business models, business planning, marketing plans, marketing strategy, branding, business tune ups and business improvement. I do not answer any legal, tax or accountancy questions - you should see your own professional adviser about these. If you cannot be bothered to read and rate my answers - I can't be bothered to answer yours!! If you have a small internet based company, I would welcome your help in completing a survey and helping me with my Masters Dissertation. I am researching how a small company can build its brand and grow quickly using social media marketing. The survey takes 4 minutes and all information is confidential and will NEVER be used for marketing purposes. Thank you in advance. The link to the survey is below: http://www.surveygizmo.com/s3/1679437/Branding-using-Social-Media

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Over 20 year’s management, IT and business consultancy experience with businesses large and small as well as being a serial entrepreneur. Business Planning business via www.bizguru.us www.BusinessPlanningPros.com and www.businessplannow.com

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A prolific writer and published author, I write on entrepreneurship, project management, bid management and career improvement.

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BA (Hons) Economics MSc Marketing Management , studying for DBA. Numerous business qualifications.

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