Reference no: EM133671545
Business planning is critical to creating, managing, and/or financing a successful organization. Unfortunately, in many smaller companies, this function is overlooked or neglected. Small business owners, faced with time constraints, limited personnel, and constant competitive challenges, often realize the importance of business planning but wait "until they have the time" to do it. However, simple or complex business planning helps you properly manage your company and overcome many market and operating challenges.
"Planning to plan" is often the most important single component in effective business planning. Spending thoughtful time preparing to create a plan -- identifying goals, stating objectives, evaluating processes, and considering your "mission" or purpose for your company -- will result in a tightly focused plan. For those of you who believe business planning is daunting, proper preparation greatly simplifies the process.
What online resources are available to small business owners to assist in planning startup? This could be an article, a blog, or an organization. Anything that is a benefit to entrpreneurs.
Give name of the resource and include url then detail what it offers entrepreneurs who are trying to plan their business. Explain how useful is this resource and what specific characteristic makes it mo valuable to new entrepreneurs?