Mompreneurs: Do You Have A Business Plan?

Many business owners dive headlong into starting a business. This is great. Most entrepreneurs do have a good ability to assess and take risk. However, as an entrepreneur and mom, you have more on your plate than the normal person. You also know the power of a plan so here’s a few reasons why you should use one.

Why A Business Plan Is Essential

As a business owner you likely have a lot of ideas. You also have a lot of responsibilities and business tasks to take care of. This of course is coupled with all of your responsibilities as a mom. It can be extremely challenging to balance it all. This is where having a plan can be so valuable.

Your plan can outline your vision, mission, and goals. It can include your schedule for working on your business, your content plan and anything else that will help you grow your business into what you’ve envisioned. Your plan doesn’t need to be formal or written for anyone other than you. This means you can create a plan that supports you.

Organizing Your Business Plan

There are many experts who will tell you how to create your own plan and you can even find templates online. If you can find a ready-made template that supports your needs, then great.

However, consider also simply creating a plan that fits your needs. One easy way to approach it is to keep it in a three-ring binder on your desk. Use basic tab dividers to separate your primary sections. For example, marketing, content, affiliate products, analytics, and so on. You can even place a yearly calendar in the front of your business plan to track your goals and schedule. The reason the three-ring binder system works so well is that it’s easy for you to add pages and information to it.

A business plan is an evolving document. It will change and grow as your business changes and grows.

Using Your Business Plan

A business plan doesn’t help you at all if it sits on your desk and collects dust. It’s a document that helps you plan, act and stay on track to reach your goals. Create a system of reviewing your business plan and planning your business at least once a month.

You’ll find that each time you open your business plan you’ll feel excited, motivated and empowered to create and grow your business. That alone is a very powerful reason to create your business plan and use it on a consistent basis.

I hope that this information has been helpful to you and if so I’d love to hear about it!

Please leave me a comment letting me know at least one tip that you plan to use immediately because you’re know it will make a difference in your business.

Have an amazing day!

Pam Lawhorne