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HOME
BUSINESS
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Tax
Advantage
Online Training
Tips for
Success |
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Selling
Services
Selling Products |
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Business
Plan -
Marketing Plan -
Operating Plan -
Organization Plan -
Finance Plan -
Feasibility Study - |
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STEP
ONE:
Make it Legal
Business License
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Tax ID Number -
STEP
TWO: Establish
yourself Financially
Insurance -
Banking -
Loans -
STEP
THREE: Ready for Business
Create
Office -
Domain Name -
Hosting Service -
Website -
eMail -
Accept Credit Cards-
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Market
Offline -
Market Online -
Advertise -
Follow up - |
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Manage
your Time -
Manage your Money -
Manage your Website -
Manage your Customers -
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Domain
Name
Web Design
Hosting
Free Email
Merchant's Account |
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Operation Plan
Operation Planning is figuring out how is the most efficient and
effective way to produce your product or service and keep it working.
It takes into consideration where you conduct business, how much
you're prepared to produce and how you're going to support it.
Even
if you are a one-person operation, you still need to think out
how to organize and schedule your own work.
For
every business there is a location where the physical activity
takes place, and a physical sequence in which the work is done.
The business may make its own goods, or buy them from suppliers
to be resold, but goods must be stored. Most businesses use general
purpose business equipment, such as computers and cash registers,
and some businesses also require special purpose equipment. This
equipment, and inventory must be placed in specific locations
so that work can be done most efficiently. IF you are strictly
a resale business, you will need to set up your office to make
it the most efficient.
The
goal here is to think through the entire process of providing
your product or service to the customer, and preparing for any
problems you can envision, before they present themselves.
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Product
Based Business
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Location:
Is the chosen location for your business appropriate? Why?
How does it compare with your competitors locations? Could
a better location be found at equal or less cost?
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Equipment:
Will general purpose business equipment - computers, cash
register, phone, copier furniture etc.. - be adequate to run
your business efficiently? Could additional or different equipment
improve productivity or profitability? |
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Production:
Where are you going to store your raw materials? The finished
product? What order are you going to get them ready to ship
out? Are they located in the best place for ease and efficiency?
About how many can you make in an hour? What steps are you
going to take to make your product? |
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Specialized
Equipment:
If your business uses special purpose equipment, such as metalworking
machinery, will your business have enough of the right kind
of equipment? Have provisions been made for maintenance? Has
thought been given to renting or leasing, rather than buying
some of the equipment? |
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Service
& Internet Based Business
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Location:
Where is your office? Do you have the privacy you need to
get the work done? Is everything accessible? Do you have the
right electrical outlets? Phone lines? |
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Equipment:
If your business in online - What hosting service are you
using? Is there a better one that provides more assistance
to small businesses? What business machines do you need? Are
they the best for your business? Software - do you have what
you need? will it work until you can upgrade? |
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Production:
What tasks must be done to provide your service? What order
do they need to be done to be most efficient? Can you automate
or combine any of them? |
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Outsource:
Can you do everything you need to provide your service?
support your customers and equipment? Is there an area where
you lack the skills and can outsource effectively? Is it
better to hire an employee or outsource it to another company?
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Support
Customer
Support:
How can your customers contact you? What questions will they
probably have? Can they be covered in a faQ section? Will
you need to hire or outsource this service? |
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Technical
Support & Maintenance:
Web sites always develop glitches, are being changed and updated,
how are you going to manage that? How are you going to make
sure all your links and images are still working? Equipment
wears out, or becomes obsolete, will you be able to repair
or replace them? How about a periodic maintenance schedule?
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Software
support:
Do you have the software support you need to conduct business,
to provide the services, to automate as much as possible?
Do you have a source for your questions on making it work
like you want? |
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Quality
Control:
What method are you going to use to make sure your product
and/or services are what you really want? How are you going
to handle a sudden influx of orders?
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Summarize
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the information you have gathered in this section. When compiling
your business plan - this will be used in the Executive Summary
section |
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