Thursday, February 6, 2014

Business Model and Plan: Which Comes First?


I appreciate reading all the excellent posts about business. The internet covers so many topics which are very informative. Sometimes, though, trying to sift through the urgent to find the important can be like slowly sinking into the informational abyss.

I remember in school once I was told that I should have known about a particular piece of information and consequently had missed a deadline. I replied that I had no idea when the deadline was or even that I was suppose to "opt in" to the event.  "It's right there in our website, you should have known." She then proceeded to navigate through six links to find it in the dark recesses of college web pages. I remember thinking, "If I could only be an expert in everything that I was suppose to apparently know, I would have your job!" Seriously, we can all be overwhelmed by the plethora of data pushed on us or provided for our benefit.


We are both blessed and cursed in this informational age: blessed because of the ease and quantity of information available and cursed for the same reason. Two of the goals I desired to follow when I started this blog were to make the information easy to use and digest and keep it as concise as possible. In this post, I want to provide a flowchart of the typical steps necessary to develop your business. Keeping in mind that businesses are very different and in various states of development, so starting from the beginning of the flowchart may not be applicable to you. Still, the elements below are important to the healthy and profitable functioning of a business. In coming days, I will be discussing each of these fully with helpful tips so you can develop your total business. 

Business Development - click for large picture

Here are a couple sources that provide some good thoughts on developing your business.

5 Steps to Starting a Business - Practical Considerations


I hope to do a little leg work for you to provide good, short and intellectually challenging links to help your business grow: 360 degree success.


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