Planning a small business

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Probably the most critical step in starting a small business is planning. Planning a small business has to be done in as much detail as you can, without delaying the process indefinitely. Remember indicision probably kills 80% of the businesses before they even start. You also don't need to hire someone to go about planning a small business, but if you do there are many freelancers that have experiance in planning a small business. To find someone just click here!

It's a good idea when planning a small business to do it the old fashioned way - pen and paper. This gives you time to think and somehow writing something down in ink is very decisive. Start with the concept: What product or service? In planning a small business you need to clearly define what sets you apart from everyone else in this sector. This will be your competitive advantage. Record all the aspects of this advantage, as seen from your customers perspective. This advantage should also form part of your mission statement, and be incorporated into your sales line.
That's the first step in planning a small business. Next you need to identify what form of ownership you'll need..