• Skip to main content
  • Skip to primary sidebar

Digital Maestro

Harmonizing Your Online Strategy

  • Home
  • About
  • Work With Us
    • Coaching
      • One-on-One Coaching
    • Services
      • Set Up Services
      • Website Maintenance
  • Products
    • WPICA
    • WP Security Help
  • Blog
    • Affiliate Marketing
    • Plugins
    • Business
  • Resources
    • Registrar
    • Hosting
  • Contact

Jan 21 2020

3 Things Your Business Plan Must Have

Businesses of every type, online, businesses, brick-and-mortar stores, and even coaches, need a business plan. Don’t think you can skip by on this important step because you offer a service instead of a physical product. Every business can benefit from a business plan.

First Step: Focus.

When you create a business plan you need to focus on the reasons for the business: Who do you want to serve? What do you want to provide? When do you want to start? Where will you set up shop? Why do you want to start such an endeavor? How will you meld all these things together to create a prosperous business?

These are the primary reasons why you’re going into business and they should always be at the forefront of your mind when making decisions.

Something else to focus on is your big dream. How much money do you want to make over the next 5 years? Do you want to sell multiple products or have several locations? Everyone’s big dream will be different but you should write it down as part of the plan.

Second Step: A Plan.

Think of your business plan as a mountain. Your mission statement is at the base of the mountain while your big dream is at the peak. Everything in between is what you need to plan and these steps should also be incorporated into a business plan.

What products do you want to create? How often do you want to produce a product? How can you implement some passive income or affiliate income into your business? Are there any speaking engagements or online summit opportunities that will expand your reach and your followers? What can you add to your sales funnel for those not yet ready to commit to coaching?

Third Step: Action Steps.

This is where your planning steps are broken down into smaller, actionable steps. Instead of just saying I want to write a book, break the process down further. How much time can you dedicate each day to writing? Do you want to self-publish or find a publisher? You’ll need to hire an editor and someone to design the cover. These are actionable steps that can easily be crossed off your to-do list once completed.

Don’t be thrown off here. You don’t need to plan 5 years’ worth of action steps at one time. The idea is to plan a year at a time, keeping your focus in mind, so that the action steps become a pathway or a blueprint to your big dreams.

Written by Paul · Categorized: Business Building

Reader Interactions

Comments

  1. Karen Sammer says

    January 26, 2020 at 11:10 pm

    These are all good questions Paul and I can’t answer all of them yet but I know where I need to focus now. Thanks for the tips.

    Reply
    • Paul says

      January 30, 2020 at 7:29 am

      All in time, Karen! There is no rush!

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

UpCity: Best of New Jersey

UpCity Best of New Jersey

Proud Member

Recent Posts

  • Voice Search and Local SEO: The Shift You Can’t Afford to Ignore
  • The Local Business Owner’s Guide to Holiday Promotions That Work
  • 7 Holiday Marketing Mistakes That Can Cost Your Local Business (and How to Avoid Them)
  • How Small Businesses Can Compete With Big Brands in the New Year
  • Holiday Marketing on a Budget: Creative Ideas That Don’t Break the Bank

WordPress Topics

  • Affiliate Marketing
  • Blogging Category
  • Business Building
  • Coaching Category
  • General
  • List Building
  • Marketing
  • Plugins
  • Resources
  • SEO
  • Services
  • Social Media
  • Themes
  • Traffic
  • Uncategorized
  • Video Subscription
  • Webinar
  • WordPress Online Strategy

Missinglettr

Copyright © 2025 · Digital Maestro · Disclaimer · Privacy Policy · Terms of Service · Accessibility · Stay Awesome!