Entrepreneurship is something I care so much about that when I decided to make it my second major in university, it totally changed my outlook on school. I started to love going to class, reading text books, and writing assignments, because everything we did centered around different businesses that all have their own story. It has been said that innovation and entrepreneurship are the fuel of an economy, and I feel they too fuel my passion for business.
The main reason why I love coming to work every day at Canada Web Shop is that I get to learn about new businesses every day. But all of this experience is changing my point of view on some of the common habits many start up companies practice. In my line of work I often see new businesses who do not take the time to plan their start by creating a business plan. Starting a business is often a challenge undertaken by men and women who are not afraid of the unknown. For a truly unique idea, there may be no guidelines an entrepreneur can follow. For complex ideas there may be almost no way to communicate the idea to people in a simple conversation. Every start-up business has someone with an idea and I’m here to scream from a mountain top that it will ALWAYS be worth the effort to put the idea on paper in a business plan.
Allow me to briefly list some of the benefits to writing a B-plan; processes are laid out so that missed steps become apparent, marketing plans and creative marketing solutions can change from idea to revenue generating practices, costs can be traced before actually being spent, and the steps needed to turn an idea into a business become evident and organized.
An idea is only as good as what you make of it, and if you don’t write it down you can lose it forever.
