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Life Plan Before Business PlanThis blog post kicks off a three part series on Start-up Success for Small Business Trends.  This first blog post is about a step in business planning that is often overlooked.  Part II, we’ll look at “Working from home?” and Part III will be about the “Top reasons why start-up businesses fail and what you can do about it.”

Many people dream about owning a small business. You may be one of those people who have had a “notion” for years that someday you would be president of a company, successful beyond your wildest dreams. Turning that dream into reality is an evolutionary process. It involves not only having a solid business idea but also knowing the “business of running a business.” You will need to get your arms around stuff like accounting, marketing, and operations, but before you dive into crunching numbers for your business plan, consider this:

It is my strong belief that would-be entrepreneurs need to develop a life plan before they ever write a business plan. Why, you ask?

To read the full, original article click on this link: Life Plan Before Business Plan | Small Business Trends

Author: Melinda Emerson