Showing posts with label business plan. Show all posts
Showing posts with label business plan. Show all posts

Wednesday, January 6, 2021

It's Finally the New Year


For some that means the horrendous year of COVID has passed. Of course, we've still got a ways to go until the return of many normals or the cementing of new normals. By mid-year, vaccines should be available to all who want one. Hopefully, businesses will be reopening and the economies of cities, large and small, across the country will grow and thrive once more.

For the FitzGeralds in general, that means the slowness of the holidays has come and gone, and plans for the business can once again be ratcheted up and set into motion.

For me specifically, it means a fresh start on the accomplishment of my personal goals. Some goals will be recycled from previous years, some will be new, some will be variations on a theme.

Last week, I revisited my goals from 2020 and rated my efforts in achieving each one. I didn't do nearly as well as I hoped. Part of the problem, I think, was that I didn't set actual plans in place to accomplish the individual goals. I also plan to institute rewards. Because who doesn't like to be rewarded?

I'll have my list of goals along with my strategy for accomplishing each one and hopefully the reward soon. I was hoping for Friday, but action plans require a little more thought a time.

The new year also means hockey. The season start in a couple of weeks and if I can be in attendance, I will be.

Have a great first week of the new year. And remember...

Wednesday, February 8, 2017

Back to the Business Plan...


Okay, so...more reading and light research in the last couple of days and I came across some blogs and articles that say all business plans are not created equal. What ho??

For someone like me who's a one-woman shop and not planning on needing investors or to go to the bank for a loan, I don't necessarily need the traditional business plan. Oh, thank goodness, 'cause really, why???

There are some modified--simplified--plans for entrepreneurs like me who just need some basic direction and areas to focus on to get started. I dutifully answered all the questions on the form that spoke to me and they were helpful.

I'm still planning a more formal business plan with the vision, mission, and goals portions because I think those are important, even for me. As I said Monday, those things will help me make decisions later on down the line--will my decisions support and move me toward or away from my defined purpose?

Knowing what those are and keeping them in sight somewhere in my office will be helpful I think.

Now that I don't feel like I *have* to have some twenty page document full of research and revenue projections, I'm breathing a bit easier. My vision, mission, and goals are modest, but if I do someday need to approach the bank, I can certainly upgrade my plan and, by that time, I'll probably have some sales figures behind me to use.

Still some work ahead of me, but it's no longer as daunting or scary a task. :)