Create a Simple Business Plan to Test Your Ideas
Executive Summary This business provides freelance writing and proofreading services to clients including businesses, students, and entrepreneurs. Services range from blog articles and website copy to editing and proofreading. The business will start as a home-based LLC, with minimal overhead and flexible pricing strategies to remain competitive in the marketplace. The short-term goal is to […]
Starting a business as a freelance writer, author, or proofreader can seem like a daunting task, but with a solid business plan, it’s an achievable goal. This guide walks you through the essential components of creating a business plan for your writing services, from competitor analysis and pricing to budgeting and income projections. Identifying Your
Case Study: The Author’s Blueprint: A Freelance Writer’s Business Plan Read More »
Step 1: Enter Your Data Step 2: Create a Basic Chart Step 3: Edit and Refine the Chart Step 4: Explore Different Chart Types After your data is correctly displayed, you can change the chart type to best visualize your data.
When you sit down to write a business plan, it’s easy to assume the first page you write will be the first page people read. While that’s technically true, a successful executive summary is not the starting point of your writing process. It’s the very last piece you create—a powerful, one-page snapshot that encapsulates your
The Executive Summary: The One-Page Gateway to Your Business Plan Read More »
You’ve done the hard work of validating your business idea and creating a plan that shows it can make money. Now comes a crucial step: letting people know you exist. While the world of marketing can seem vast and overwhelming, you don’t need to do everything at once. In the early stages, your focus should
Beyond the Idea: Essential Marketing Tools for Your New Business Read More »
You’ve defined your products and services, but now comes the moment of truth: figuring out if they can actually make money. This is where you bring your plans to life by connecting your budget to your income streams. It’s a critical step that moves you from a concept to a viable business model. Step 1:
The Financial Foundation: Linking Your Budget to Your Income Read More »
When you have a business idea that looks promising, the next step is to create a budget. But a single, rigid budget can often feel like a shot in the dark, leaving you with little flexibility. A better approach is to create not one, but three distinct budgets. This simple method, which I often recommend
Beyond the Basics: The Three-Budget Method for a Strong Business Plan Read More »
Title: Rate Cards vs. Packages: How to Price and Deliver Your Services Once you’ve clearly identified your product or service, the next crucial step is determining how you’ll present it and get paid. This can be one of the most challenging decisions for a business owner or freelancer, but understanding the two most effective pricing
Rate Cards & Packages: How to Price and Deliver Your Services Read More »
Determining the right price for your product or service is one of the most critical decisions you’ll make as a business owner. It’s easy to fall into the trap of guessing or simply picking a number that feels right. However, a more strategic approach can give you a significant competitive advantage. The best way to
Beyond the Guesswork: Using a SWOT Analysis to Price Your Product or Service Read More »
A business plan is a great tool to evaluate an idea to see if you can make money with it. This does not have to be a long complicated, 40-page corporate document. In fact, the most useful business plans for startups and small businesses are often short, clear, and easy to update. In this guide,
