Advantages of a S Coroporation

Advantages of a
C Corporation

Advantages of a
LLC

Advantages of a
Nonprofit

 Incorporating
made easy with CPA Moms

CPA Moms Master Index
Overview - Type of Business Entities
Sole Proprietors
Partnerships
S Corporations
How to Incorporate
Incorporating in California
Incorporating in Nevada
C Corporations
LLC's - What is it?
Mileage Expenses
Office in Home
Business Deductions
Incorporating Home Pages
Latest Incorporating News
Incorporating Articles
Additional Resources
Want to Join the Moms?
Incorporating Blog


Death & Taxes

We have Information to Help You with Either


Got a Question?
IRS wants you to retire Financially Free! We will answer your questions and give you options about how to become Financially Free when you retire

Tax answers/options when you sell your Home. We will answer your questions about the tax free home sales and give you options on tax free exchanges

So, You got a letter from IRS? We can help. Letters from IRS are scary. We will answer your questions at no charge.

S-Corp, LLC, C-Corp, Partnership - Your Choice? Selecting the correct Business Entity is confusing. We will give you the tax options of each Business Entity.

How not to pay taxes when you sell income property. We will explain how to do a tax free exchange & not pay taxes when you sell your income property.

To pay for Services - Please click on Paypal Logo below


Tax & Accounting Services

 

Books on Incroporating



Developing a Business Plan!

 

Hans Hasselfors

There are many important steps to consider when developing a business plan for your company, but the first step is to fully understand the main uses of a business-plan. The four main uses of a business-plan are as follows:


* A Business Plan is a written document that you can use in your search for external financing.
* A Business Plan is a tactical planning and management tool for your business.
* A Business Plan is a document showing the capacity of your team to control and manage all the aspects of the company.
* A Business Plan brings you new ideas to refine your project by checking and estimating the induced hypothesis.


The necessity of Business Plans


The drafting or update of your business-plan is essential to the good management of your company. It can be used when searching for a business partner, for obtaining external financing, and for defining some stages of the development of your company, such as:


* The creation of your company.
* The launching of a new product.
* The establishment in a new market.
* The transfer, buy-out, or the structural development of your company.


Should you call in a consultant or write the Business Plan by yourself?


You should be the main (if not single) author of your business-plan, because the Business Plan is, so to speak, your own "baby", it is a reflection of your personality; it is by this means that your investors will discover the person with whom they collaborate.


But your project may be too important and you may want to call in a consultant for help and consultation. Even so, you should stay in control of its development!


Tips for developing a quality business-plan.


1. To be credible, a business-plan must be coherent and each parameter in the Business Plan must be based on facts.


2. There are many methods to build Business Plans, but very few can help you correctly carry out reliable financial projections based on a preliminary commercial engineering and market study.


Indeed, one frequent mistake when building Business Plan's is to first define the target in terms of market share, and then try to "find" the number of customers necessary to fill these objectives! This process should be reversed.


3. In addition, one essential point in a Business Plan is to define concrete policies and measures. This definition aims to gain a reasonable number of customers, based on a sufficient knowledge of the market. The quantitative estimate of this gain must be calculated on realistic monthly and annual increase rates. A well-founded pricing policy then makes it possible to estimate the sales turnover in the years ahead.


The calculation of the costs of the planned actions in your Business Plan are essential and make overall financial projections possible. In short, financial forecasts - including those related to the financing of the project - must be elaborated from the basic elements of the project. They should be proceeded by a commercial engineering study which projects a realistic estimate of sales.


4. In a Business Plan, the marketing plans as well as the financial forecasts require a basic understanding of how these important elements are calculated. You can use good software - some of which is free - to faciliate the development of your Business Plan.


5. The last point and certainly not the least significant: A Business Plan is never ended "once and for all". A regular follow-up and comparison between the theoretical Business Plan and the reality of its execution are essential. You can then modify your Business Plan and adapt it to improve performance and achieve your goals.

 

About the Author:
This article was published by Hans Hasselfors from http://www.SubmitYourNewArticle.com. Visit our article directory for more articles about business.



  • The Benefits of Incorporating in Florida
    There are many benefits to Incorporating in Florida. For one, there is an able work force, reflected by the fact that Floridas unemployment rate is consistently lower than the national rate. Florida is...
  • Book Review: Business Plan Secrets Revealed
    The key to successfully starting any business is a good business plan. In his ebook, "Business Plan Secrets Revealed," Mike Elia walks you through the business plan process step-by-step: from gathering...
  • Professional Business Plans
    You know you need a business plan. You probably realize that it is one of the best ways to get your business up and running. No matter what your business is, a business plan can help to focus its direction...
  • Benefits of Incorporating Your Own Business
    If you have a small business or starting one in the near future, it is important to look into the benefits of incorporation. The government provides benefits to companies that incorporate their businesses...
  • Using Caution When Incorporating In California
    If you are a business owner, you of course want to do what will give it the best chance for success. That includes making it easier for you to operate your business. That is why many proprietors turn to...
  • A Look at Incorporating a Business in Florida
    As you may know, there are many ways to incorporate a business in Florida. While companies exist to do the legwork and paperwork for you, the most direct way is to contact the Florida Department of State,...
  • Small Business Planning -- Three Myths
    Copyright 2005 Denise OBerryAre you -- like 70 percent of small business owners -- working without a plan? Here are three myths that need to be dispelled about strategic planning for small business.1....
  • How To Incorporate Yourself Without a Lawyer
    How To Incorporate Yourself Without a Lawyerby J. Stephen PopeYou could save hundreds of dollars by incorporatingyourself without a lawyer. How? Is it advisableto do so?1. This is Not Legal Advice!The...
  • Plan for Success with a Home Based Business Plan
    If youve ever applied for a small business loan from the bank or another lender, you know something about business plans. Among other things, a solid business plan helps lenders evaluate the potential...
  • The Secret To Protecting Your Business Assets
    Regardless of the type of business you conduct, there is a significant risk of being sued in our litigious society. Lawsuits can range from claims of negligence to defective products to disputes with...
  • The Need For Professional Business Plans
    You know you need a business plan. You probably realize that it is one of the best ways to get your business up and running. No matter what your business is, a business plan can help to focus its direction...
  • "What's Stopping You From Starting That Business?"
    REPRINT GUIDELINES=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=You are free to publish the following article in itsentirety in your eZine or on your website. Our onlycondition is that you...
  • How to write a successful business proposal
    The words " business proposal " are expected by any sales representative, marketing or public relations person. Even if writing a business proposal doesnt represent a very pleasant activity, marketing...
  • How to Start A Business Plan
    A business plan precisely defines your business, identifies your goals, and serves as your firms resume. The basic components include a current and pro forma balance sheet, an income statement, and a...
  • Three Planning Myths
    Are you -- like 70% of business owners -- working without a plan? Here are three myths that need to be dispelled about strategic planning for small business.1. It has to be formal -- Not so. The value...
  • The Basics Of Business Incorporation
    If you are a business owner, even if it is a small business, you want to be successful. You are undoubtedly aware of the work it takes to make a business profitable. You might also be aware of the different...
  • Incorporation Is It Right For My Business?
    For anyone starting up his or her own business, an understanding of business incorporation is must. While there are both pros and cons in taking this step for your business, you want to be sure that whichever...
  • Who Can You Trust to Incorporate Your Business?
    If you have decided that its time that your business becomes incorporated, and that a Limited Liability Company (usually referred to as an LLC) is the best entity, then your question is going to be: who...
  • Why Should You Incorporate Your Business?
    If you do well with your business, you may want to incorporate it. There are many advantages gained by incorporating. For one, if (and this is a BIG if, but you never know), if you are ever sued, your...
  • Creating A Business Plan That Makes Tracks
    Creating a business plan is an important step. Often it is thestep most often missed by new business owners that dont want to bebothered with paperwork. However, consider this, for thoseentrepreneurs...

 

 

Privacy Policy .. About Us  .. Disclaimer ..  Copywrited 2005  - 2006 - Developed by  Tax Net Inc