If your goods are on sale in some prominent store, this device is sure to draw attention. Building an excellent business is even tougher. Seed money is the initial capital required to transform a business from an idea into an enterprise. So the first thing you had to do was find some.

I don't want to spend this much time on sales. how about you?

Having justification for what you put in your plan is essential for winning over someone reading it. This is stupid! Yes, the first step is often the hardest. If it is, the statement probably isn't saying anything particularly helpful.

Don?t just give money to people you like or admire

An interesting development has been underway as companies attempt to develop special tools for handling these problems. Sometimes you will find an established individual, like a highly acclimated chef for your restaurant or an art director with years of experience for your company. You ll spot future trouble areas, identify opportunities, build confidence in the strength of your ideas, and help your organization run smoothly, simply through the act of writing a plan. You determine the scope of what your customer requires, calculate what it will take to produce the finished product or service, secure vendor and supplier pricing, prepare your final cost estimate, mark it up, and then submit your proposal.

Get your money to work for you

If you don't hold regular company meetings, your people remain in the dark and stay worried about their future. In many ways, writing a business plan is an end in itself. At the top of the list are public offerings of stock, which may cost several hundred thousand dollars in legal and accounting fees to put together and require a great deal of your own time and attention. Fix a big dial two feet or more in diameter in some prominent part of your store, and announce that when a customer has traded an amount equal to the total figures on the dial you will present him with a watch.

What would you do if you weren't afraid?

A lower proportion of debt indicates less risk, although a stable business with predictable revenues can safely have a higher leverage ratio. She doesn t have to pay now for goods to be sold later or lay out cash to store products for eventual sale. This network-like structure stretches across and between companies. Business is about providing people with something they need.

Pay employees to refer potential new hires

The fact that your business is unlikely to perform exactly as planned is no reason to skip planning! Emphasize a cogent, succinct summary and explanation of the basic business concept, and do not stint on the details about the impressive backgrounds of your management team. Install job cost and account tracking systems to help you determine what things really cost. You can draw a crowd wherever there are people.