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Different ways to raise funds for your business:

#3 Build a campaign

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Writing the Business Plan

 

The first steps in establishing the business foundation

Vision: An idea that projects a desired future. It can help guide all who accept it and understand it.  A Vision has the unique ability to evolve with the company. 

 

“Write down the Vision and Make it plain”

You should begin by writing down the answer to the very basic question, "What business am I in?" This may sound elementary, but answering this question with thought and consideration will help you focus on the major purpose of the business, which leads to establishing goals and objectives. 

MARKETING PLAN

 

Smaller than a business plan.  A marketing plan has less data but is more detailed.  Any potential lender or investor will want to see a marketing plan for your new product before making a commitment. Developing a marketing plan also gives you the opportunity to organize your thoughts and discover any trouble spots in your strategy.

Structuring the Business

 

The business by separating the people from the business, the business will be able to develop its own credit file and provide liability and asset protection to the owners and officers.

 

Building a solid foundation is dependent on separating people from the business.

TEAM BUILDING
 
Team building is an ongoing process that helps a work group evolve into a cohesive unit. The team members not only share expectations for accomplishing group tasks, but trust and support one another and respect one another's individual differences.
One person can not accomplish everything alone.  When you get to this level you will need a team to accomplish the visionl.  Everyone on your team has to be coach individually in their own gifts and talents so you all can succeed collectively.  

 

 

Created by TID Media Solution Team Members

 

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