Write A Basic Business Plan and Define Your Sewing Business
Writing an effective basic business plan will bring definition to your sewing business, especially if you
intend to apply for a grant or loan. I suggest even if you are not applying for a loan a well laid
plan will keep you on track and explain your business, especially to you.
Now that may not make sense, "explaining your business to you". I have know others who starting a business and thought they could take in every job that comes along; before long they are so overwhelmed they closed shop before they ever got started.
So in the long run defining your business will prevent frustration, overwhelm and give you self confidence to succeed.
HOME BASED BUSINESS- SIMPLE PLAN
1. Introduction-Introduce your business to yourself, what is it all about, give a short description.
Include the location and a brief description of the shop or workroom.
Where and what
will you be sewing.
2. The Products- will you offer a fabric section or notions and supplies.
3. The Market & Advertisement-how do you intend to market your business? Building a website
is a very popular way to advertise today. If I had my shop today building a website would be my
first marketing expense. I would recommend
SBI
everying is inclusive. SBI built this site, well actually I built it, they gave me the instruction. So your are not over the hill after 60. You can do it to!!
e-Learning
is available for a small fee and you can have your business on line in 10-12 weeks.
4.
Mission Statement
-what is your intent with your business, what interest does it
serve for you, your employees, what is the value it brings to you and the people you serve.
5.
Potential Income-
what do you estimate your income will be for the year, now project 5 years. Price your jobs properly it will be easier to estimate your expected annual income.
6. Budget-estimate your rent, utilities, supplies, advertisement.
Conclusion
Those are a few suggestion, each step is of equal importantance to the success of your businss.
This site does more than help you
create a business plan.
It helps you create a great one that ensures and helps your business stay on track and meet your goals.
Now, grab a cup of tea, copy this page, go
to a quite place and think about what you want to accomplish with your business.
Do you want it for a lifetime; give it to the kids or grandchildren? If so come into the 21Century and build a sewing business to last.
I would encourage you to build your best, start with a good beginning and expect it to last. Sewing is and always has been a reliable business and one to count on in the tough times.
What ever you decide, write it down, written goals have a way of becoming real.
No matter what the gender,
Man or a Woman
, you business begins with a seed and ends with seams. Build it to last!
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From Basic Business Plan to 5 W Sewing Profile
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