1. EachPod

Start your side biz and make money today!

Author
Megan Coleman
Published
Mon 04 Dec 2023
Episode Link
None

Ok, I wont make you go through the show notes to get to the good stuff - here is my offer

50% off your Supercharged Strategy Sesh - here is your link - Supercharged Strategy Sesh and of course, your discount code - ITSTHEVIBE for 50% off. I can't wait to see you there. 

Also - here is my recommendation for a quick little biz plan to get you underway 

Executive Summary:

   - Briefly describe your business concept.

   - Highlight your unique selling proposition.

   - Outline your goals and objectives.


Business Description:

   - Provide a more detailed overview of your business.

   - Define the products or services you will offer.

   - Explain your motivation for starting the business.


Market Analysis:

   - Identify your target market and its characteristics.

   - Analyse your industry and competition.

   - Highlight any trends that may affect your business.


Organisation and Management:

   - Outline the structure of your business (sole proprietorship, partnership, LLC, etc.).

   - Introduce key team members and their roles.

   - Mention any external advisors or mentors.


Products or Services:

   - Detail what you are offering.

   - Highlight the features and benefits of your products or services.

   - Explain how your offerings meet the needs of your target market.


Marketing and Sales:

   - Outline your marketing strategy.

   - Identify your sales channels and methods.

   - Define your pricing strategy.


Financial Plan:

   - Provide a basic overview of your financial projections.

   - Include a sales forecast, expense budget, and cash flow statement.

   - Specify how much funding (if any) you need.


Funding Requirements:

   - If you need funding, specify the amount.

   - Explain how you will use the funds.

   - Outline your plan for repaying any loans or investments.


Operational Plan:

   - Describe how your business will operate on a day-to-day basis.

   - Outline your production or service delivery process.

   - Mention any key suppliers or partners.


SWOT Analysis:

    - Identify your business's strengths, weaknesses, opportunities, and threats.

    - Consider internal and external factors.


Risks and Mitigations:

    - Highlight potential risks to your business.

    - Discuss how you plan to mitigate these risks.


Timeline:

    - Provide a timeline for key milestones and goals.

    - Break down your plan into manageable phases.


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