Business Ideas: Your Plan and Business Actions

Have you ever wondered how you get your business ideas, and plans, into action and make progress with your dream business?

Your business ideas need clarity in what you want and where you are going.

I think we’d all love to wake up in the morning feeling invigorated and excited to greet the day because we have a business that is fulfilling and adds meaning to the lives of others, as we help solve their problems.

Begin today, write down your business ideas…

Where is this journey taking you? Your business ideas can take you on a fun adventure – when you know where you want to go and know the steps you need to put into place to get there.

  • Having vision and a mission for your business to use in setting your goals and objectives – will help you keep clear and focused.

Successful people understand the importance of planning in their lives. If I were driving from Texas to California, I would need to have a strategy – a plan.

This is how I used to think, ‘Well, of course, that makes sense, I know what my plan and goals are for my business ideas – I don’t need the tasks of writing this down! It just uses up time and feels like I am procrastinating in getting started on the real work.’

  • I was procrastinating by not writing out my business vision, plan and goals!

I often hear – “I want a better life!”

Great, what do you do next?

  • According to Lee Iacocca, the former President of Ford Motor Corporation and Chairman of Chrysler Corporation, “The discipline of writing something down is the first step toward making it happen.”

Support your vision, and your business ideas, and make a plan on what you want to bring into your business (and life). Write it down and stay focused on your end goal (your vision) at all times.

  • Don’t have time, or even the mental energy to do this? So…

How do you free up your time and move forward?

Put your business ideas into a strategy, and then into action. When you write a business plan, it is enlightening and brings clarity to your thoughts on paper. And, your written plan is a guide to refer back to, often.

  • You will get your direction and focus on where your business is heading and where you want to go with your business.
  • Based on your plan, you can take small action steps to get clearer, and get focused on what to do next.
  • You will be able to create a business plan that is truly aligned with who you are.
  • You will start to understand how you can make a bigger difference in the world with your gifts.

So what are your business ideas, your business plan?

You really don’t need to feel overwhelmed.

Your strategies will form and the tactics will come from your vision and your plan, as you get clear. Writing out your business ideas, your vision, and your plan to make it happen will help you get clarity..

You will grow and understand where to focus your energy to maximize your results – and learn what you can clear off your plate so you are moving towards your dream business.

Using Research to Turn Your Business Idea Into Reality

All businesses start with a great idea, and we all have problems that need solving with a specific concept or product. However, it can sometimes feel quite daunting when you’re trying to turn your vision into something lucrative especially when the road to establishing a successful business seems like a challenge. Fortunately, turning your business idea into reality isn’t as difficult as you may think – you just need to follow a few simple steps to get the wheels in motion and start your journey as a business owner!

Make a business plan
Once you’ve formulated your idea and you’ve decided you want to turn it into a business, the next step is to put together a business plan. A business plan will form the foundation of your business, and it essentially outlines your plan, your vision, your business strategy, and how you’re going to get your business off the ground. It’s like a roadmap to your destination of having a successful business.

A business plan forces you to conduct market research, which can be done both online and offline. Research into your target market and a good look at your competitors helps to position you for success.

Establish whether there’s a market
We tend to be quite optimistic when we’re developing our idea or product. Some people even refer to how easy it will be to build a new business using the law of attraction and/or references to a favorite movie. It’s easy to think and get passionate about a new business idea, and your passion will be a cornerstone of your business. It’s crucial that you conduct market research to establish whether there’s a need for your idea and who you will serve.

Scope out your competitors
Don’t mistakenly think that your idea is totally original. While you may have invented something new, most ideas are already being implemented out there. Do some research into your competition, including looking at how they position themselves on their website, to investigating their online activities through an analysis program.

Finishing your research
Once the research is complete, you will be ready to outline your goals, and figure out the financial aspects. Knowing the rough number of customers, the costs of marketing and sales, and the competitive climate, will also help you become successful. So research is a vital stage in the process of starting a business as it helps you to work out whether your idea is as viable as you think.

Building Your Small Business Ideas With a Business Plan

Whether you have small business ideas you plan on implementing or you have been operating a small business for some time you need a focused business plan. It is your guide to success and without it you are planning to fail.

Your business plan needs to be a live document that is in constant development and is continually checked and updated, You must know if you are meeting your goals and if you do not continually check your business plan it can not work for you. Your business plan will allow you to make the needed changes to adjust to your small business growth or lack of growth.

The basic outline of a business plan is to detail the systems you will use and the task that are needed to accomplish your goals. By reviewing your business plan on a monthly basis at first you will be able to check your progress or lack of it. Once your business is up and running inn the direction you desire you may want to revise the time you review your plan. If your small business is progressing the way you planned and growth is steady checking your plan quarterly might be a good choice.

At first financial goals should be small. Although small they should be accomplished in the time frame you set. The initial small goals are as vital to your overall plan as the larger goals you have set for later dates. If your plan is working correctly in the early stages you will be able to determine if the complete business plan is achievable. Make sure that each goal is achieved as planned.

As in most aspects of life the best of plans can fail. You must ask yourself two questions. 1. Did you complete each goal in the time period you set. Were you able to achieve some of your goals but not all of them.

2. Were you able to use the systems you put in place and did they work as planned. Some of them will have met the goals you set while others did not.

Look carefully at your answers and analyze them. You will have systems that worked correctly and performed as expected. Keep those and continue working with them. The will also be systems that did not meet the goals you had set and the plans you had made. Look at these systems and find why they did not work.

You need to know why they did not work, if the system was flawed, were there steps in the system you may have missed. In answering those questions you can adjust future plans to accommodate errors that may have been made or discard the system completed and replace it with a new one.

A good solid business plan will continually improve and adjust. Adjusting and manipulating your plan for future growth will not only improve the effectiveness of your plan it will insure continued growth of your business.

Along with helping to build your small business ideas a business plan can give you confidence. A business plan is like a silent partner that helps keep your business on track.