If you're one of the many people thinking about starting a small business, having a business plan is one of the first things you should have on your list of things to do. It doesn't matter if you're starting a small business from home or away, having a plan for your business is considered a blue print for a successful small business. What is a business plan and why do you need one?
Having an effective business plan is critical to the success of any business. That is why I want us to examine this text entitled "Tips & Traps for Writing an Effective Business Plan." It is written by Greg Balanko_Dickson, a third_generation entrepreneur, Licensed Professional Business Coach and founding member of the Professional Business Coaches Alliance.