Business Plan for a Small Business ? Answer Three Important Questions

If you are contemplating starting or have just recently started your very own business, one of the top items on your to-do list should be writing out your business plan for a small business.  Many business plans you have looked over so far may have been overly confusing, setting you up for failure because mimicking them may seem quite impossible at this point in your business.  Your top concerns at the start of your business are not likely to be the legal elements.  Instead, you are probably concerned about making money, finding prospects, and selling your products.  To find solutions to these problems, there are three important questions you need to answer.
 The first section of writing a business plan for a small business is answering, why are you starting this business and what do you plan to bring to the public?  You undoubtedly have some goals for yourself and for your business that can be accomplished once you get it off the ground.  You must
know who your customers are that you plan to serve and how they will find you if you expect to be successful.  If you plan to solve a frustration for your customers or offer them something unique that they need, you will want to ensure they can find you.  Therefore, will you run ads, set up a blog, run a website, or do a combination of these?
 How will you make money?  When you include this in your business plan for a small business, you will need to decide if you will be selling physical products, offering services, acting as a freelance worker, creating informational products, or selling affiliate products online.  Only when you define these parameters will you be able to determine how this business is going to make you money.
 What resources do you need to make your business efforts a success?  You will undoubtedly require funding, expertise, and time to get your business up and running.  Can you supply these resources yourself or will you need to turn to an
outside source?  You can only answer this question when you define how much of each you realistically need.  If you are feeling overwhelmed about all the requirements there are to get a business started, define three things you can do today to begin moving forward.  By pacing yourself, you will soon have your business plan for a small business beautifully defined and working for you.
The Startup Garage is your one stop shop for business plan writing for all industries. Whether you’re a sole proprietor, small business or high growth business we can help you through our business consulting, business plan writing, or business plan coaching services.

Blogging – How Much Money Can You Really Earn From Your Blog?

Blogging – How Much Money Can You Really Earn From Your Blog?
So How Much Money Can You Actually Make With Your Blog?
Whilst it is fairly easy to set up your own blog about something that interests you, or on a topic that you are knowledgeable about, it is another thing generating a decent income from it.
It is also fairly common knowledge that some bloggers are making in excess of ,000 a month and some are making in the region of 0,000.
Furthermore, it can also be assumed that most of us would be more than satisfied if our blogs were earning in the region of the former figure, however the reality is that most bloggers are not even making enough to cover their blog hosting costs.
2 Things That Could Influence the Earning Potential of Your Blog
1. Traffic
Let’s face it – without traffic your blog, no matter how great it looks and works, will not generate much money.
Targeted traffic therefore plays a significant role in
the earning potential of your blog.
2. Niche or Theme
The niche or topic of your blog is the other significant factor.
For instance, if the niche you have targeted for your blog does not have much of a following or interest you probably won’t get much traffic but on the other hand if your theme is in an extremely hot niche the competition could be too high and you would be competing against the big guns for little traffic.
So the trick is to position yourself in a less competitive niche that has a strong demand which will provide highly targeted traffic to your blog.
Niche targeted traffic and site visitors are also more likely to take some sort of action, by either making a purchase or clicking an ad, once they are on your blog.
So How Much Are Bloggers Earning From Their Blogs?
In a poll done to determine bloggers’ earnings, whilst 29% made less than a month, almost 10% were earning in excess of 000 a month just from their blogs. So for those whose earnings are not exactly where they should be, hopefully you will get some inspiration by knowing that it is totally possible to make decent money with your blog by finding out exactly what tweaks you need to make to your blog and blogging activities.