Why do over half of new business owners not make it past their first year? The Small Business Administration (SBA) blames lack of planning and preparation, which directly correlates with not having a well-defined and articulate business plan.
Ask any established entrepreneur, and they will tell you that without a well-written business plan, a company doesn’t stand much of a chance. When launching a business the first step is to define the parameters, including, your new company’s identity, goals, and objectives.
A successful business plan will thoroughly layout the intricacies of your business. It establishes what you’re going to sell, whom you are going to sell it to, and how you are going to sell it. The plan establishes a “road map” that outlines the right directions and turns that will benefit your business’ launch and growth.
When applying for any business loan application, a comprehensive plan is a major component. Sales forecasts, growth model, financial projections, and industry background are all thoroughly analyzed and must be included in this type of plan. After your start-up, a business plan will also provide pertinent information to suppliers, employees, and executive team members.
The problem? Writing a plan takes a significant amount of time and research. A large number of entrepreneurs become over eager and skip this pertinent step in the excitement of launching their business. Not having an established business plan contributes to the failure of over half of new business owners.
Strategic Research Network provides SRN Researchers with a well written business plan that is specific to their business intelligence endeavor. When a new Researcher comes on board they are provided the SRN Business Plan which is customizable to meet their specific business goals.
Potential Researchers, like you, have access to a sample business plan outlining the Researcher business before even coming on board. Reviewing a sample business plan will give you a detailed overview of the intricacies of running your Internet research business and help you determine if it is the right business for you.
Interested in learning more about how you can gain access to the SRN Researcher Business Plan? Take the next step and request a no-cost hard copy Researcher Action Plan. We will immediately ship one to you via priority mail.
Strategic Research Network
www.strategicresearchnetwork.com
12977 North Forty Drive, Suite 100
Saint Louis, MO 63141
800.790.1533
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