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Is a Marketing Plan the Missing Link in Growing Your Business?

May 24, 2011 By: Yvonne A Jones Category: Marketing

In a few days it will be June, which is the end of the first half of the calendar year and the beginning of the second half. This could be a ‘new' beginning for your business or the continuation of your momentum in growing your business.

Over the past two weeks I've been reevaluating my business overall to determine what steps I need to take to move it to the next level. A periodic appointment with yourself to evaluate your progress is important to determine if you're staying on track.

An honest evaluation will reveal how you're doing, but it can also mean that you have to revise your strategies as the path you're on may not be producing the results (more…)

Critical Elements of Your Written Business Plan – The Sections (Part 2)

May 09, 2011 By: Yvonne A Jones Category: Business - Entrepreneur, online business, Uncategorized

The first part of your business plan takes into consideration your target audience, what they expect, and how the product or service you will be providing will meet or exceed their needs and expectations. 

The following sections will apply across the board, but keep in mind that if your audience includes investors, venture firms, and or banks, your business plan would be much more detailed.  These are ‘bare bones’ guidelines written with the entrepreneur, solo-professional, or small business owner who needs to have a written business plan to serve as a guide or track to run on.

 When organizing a business plan, break it down into sections such as:-

 1.  Business summary – The product or service you will provide.  What you will have to offer must be clearly defined.  Imagine that a stranger is reading your document.  By the end of the first paragraph your reader must clearly understand whether you will be (more…)

Critical Elements of Your Written Business Plan – Part 1

May 03, 2011 By: Yvonne A Jones Category: Business - Entrepreneur, online business

If You Don't Know Who Your Target Audience is, You Cannot Serve Them Effectively.

The first step in creating a Business Plan is to identify who your “target market,” “target audience,” or “ideal client” is.

This is a critical first step.  By starting a business online you have become an online marketer.  Whether you’re selling a service or products you will be in the business of marketing.  It therefore means that your marketing message must be crafted to attract and meet the needs of your particular audience, in order to produce effective results.

If you attempt to target everyone, you’ll probably have very little impact on anyone as your message and methods of delivery will be diluted.  Your message must educate your audience or market on how your product/s or services will meet or exceed their expectations.  They need to know how they will benefit by (more…)