You have an idea for a business: do you need a company mission?

If you have decided to draw up a reliable business plan, then after solving the problem of the legal form of the business, it is time to specify the answer to the question – why set up your own company. The mission of a company is like a person’s life mission – when it has been consciously established, it is easier to achieve customer satisfaction, plan sales, design new products or train employees. Thanks to it, it is possible to

Continue reading

You have an idea for a business: what kind of business?

The first issue to be resolved is the legal form in which you will conduct your business. A company in the form of an individual business does not necessarily mean operating alone, but it does impose certain ways of signing contracts, hiring employees, accounting for taxes. You have an idea for a business. You know that he should draw up a sound business plan before setting it up. Even if you won’t have to submit it to any financial institutions,

Continue reading

You have an idea for a business: what is the structure of a business plan?

Continuing the theme related to building a business plan, I will now give you a general and universal business plan structure that you can use to plan your business. You don’t have to write 100 pages of text and do all the analysis. It’s up to you what you use and fill it with content. I advise you to think about all the points, but more or less describe them, depending on what kind of business you are planning. When

Continue reading

You have an idea for a business: why a business plan?

Today I am starting a series of articles on writing your own business plan. This will be a several-week guide on what should be included in a business plan. If you have a business idea, read the next posts. Someone thinking about their own business needs to consider whether to operate independently or in a partnership, what to sell, for how much and to whom, and what profits the business will bring in. A business plan allows you to assess

Continue reading

How to divide the time of planning and operation of the company when writing a business plan?

Often budding entrepreneurs ask me how to divide the time from the business idea, to writing the business plan, to opening the company and then running it for… here the term “indefinitely” falls most often… How to plan the time from today to, say, 3 years from now, taking into account all the necessary steps that have to happen and that I myself have to do in order to achieve what I intend? Whenever I advise people who want to

Continue reading