Timetrepreneur's Podcast - Create Time For You

Day 2 “Plan” But Don’t “Overplan” Your Business Plan

Episode Summary

How to plan for your own business without over planning? Listen to this podcast to see how to properly plan for a business. Understand that the fast pace of the current world causes a lot of business plans to become obsolete within a few months.

Episode Notes

  1. Market Analysis - target group, customers, size, customer lifetime value
  2. Competitive Analysis -big and small brands, look at similar products to your ideas
  3. Management and operations - you, or partners? how to use time effectively
  4. Marketing and Sales - How to you plan on acquiring customers? How to close transactions?
  5. Financial summary - Bookkeeping, how to be systematic, how to budget and put aside money for your business?