|Dec 31, 2008 9:04 pm
||re: re: A business plan..been working for 55 years
|| Great discussion above.
I was fortunate to be assigned some reading
as a freshman in college, fall of 1960.
The books were so easy to assimilate,
I immediately applied the Knowledge
and started my
Comfortable Business career.
First Thing I did I established MY
Definite Major Purpose.
The Mission Statement of MY BUSINESS,
Then hired some professors to supply
I was not privy to
I was just a dumb Farm boy, so I believed
these Old Masters, the Authors of the three Books
I now call my Trilogy.
From There I wrote Down where I expected to be
at a certain Time, Masterminded with
like-minded people, and Applied
Immediate Massive Action.
These simple steps have been applied to all of the Businesses I have been and currently involved in.
The only Outcome is a SELF Defined comfortable
lifestyle of being able to be Where I want to be,
When I want to Be, with Whom I want to be With and
Not Pay and Dummy Tax of Interest
and enjoy a Blessed Lifestyle.
For Scott, IRS does not require a Business Plan,
but for those HBB persons who want to enjoy Maximum Deduction
and if there is any question, the
Written business Plan goes a long way to
substantiate your position especially in the
early Years and your posting Negative Numbers.
Remember you must PROVE you are In Business to
enjoy the benefits of the over 150 deductions
granted by Congress.
All of our Community Members who follow these
simple steps have enjoyed Tremendous INCREASE
in a relatively short Time.
Any persons who believes Success occurs with
a detailed Plan of Action are just deluding themselves.
Each of the businesses are first conceived,
then PLANNED, with cash Flow Projections
and realistic Budgets.
Funny, only missed plans Twice, and both
were caused by Weather conditions.
Economic conditions, Parties in Office, or Government in general,
have NEVER affected My control of Business or Cash Flow...
Because Proper Planning Prevents Poor Performance.
James Possible said it well
The Business Plan, the Definite Major Purpose IS YOU!
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