INSIDE THE MIND OF A FEMALE BUSINESS EXPERT

Considerations For My Own Business Plan

 

 

In her USA Today Business section, Rhonda Abrams outlines six steps to a business.   I downloaded her worksheets for idea, concept and personal vision.  I then went back to my business plan spreadsheet and increased my first year’s sales projections and increased the amount of money I will be investing in new equipment.  It turns out that bad economic times are good times for starting a business. After listening to Abram’s take on how to evaluate one’s self-abilities I gained new commitment to my business idea. If you would like to take the E-Type test to find out what type of a business is best for you then check out the test page.  

 

Abrams also gives good insight on using Facebook to promote a small business. One trick to find a way to attach a reel person to a photo or ad. That makes the photo more likely to get circulated.  To increase circulation is also a matter of spending as little as $5.00 to $50.00 to have a paid promotion. The trick is to be sure to target a small group. The best time of time to post is around 3PM and mid week is the best time in the week.  Being a women I also take notice of Abram’s point that men concentrate on what they have, not what they lack. I do tend to think more about where I want to improve and don’t build on all the years of experience and education that I have. Also, women should learn from men to get help, act fast, and go for the gold.

 

Abrams, R. (2012, August 5). Think hard before using other people's money, entrepreneurs. Retrieved from http://usatoday30.usatoday.com/money/smallbusiness/columnist/abrams/2010-08-05-entrepreneurs-other-peoples-money_N.htm

 

Abrams, R. (2010, May 13). Strategies: Why bother with a small business plan?. Retrieved from http://usatoday30.usatoday.com/money/smallbusiness/columnist/abrams/2010-05-13-business-plan_N.htm

 

Abrams, R. (2009, October 2). Small business strategies: how to keep the revenue coming. Retrieved from http://citationmachine.net/index2.php?reqstyleid=2&mode=form&reqsrcid=APAWebPage

 

Berry, T. (2011, February 2011). What does a business plan really    need to include?. Retrieved from http://www.entrepreneur.com/a nswer/222256

 

Rhonda, A. (2009, October 29). Ideas, opportunities, and inspiration: Becoming a business owner. Retrieved from

http://usatoday30.usatoday.com/money/smallbusiness/startup/week1.htm

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