Archive for Business Start-Up

Business Planning

The business plan creates a map of your business worldStarting a business sounds romantic - lots of open-ended adventure, promises of fulfillment, an ability to craft a dream and make it real. 

Then you open a book on business planning…

Don’t get me wrong - I’m all for it.  In fact I see how it can save me from fundamental mistakes.  My friend Sarah says I’m good at so many things it doesn’t mean I should do all of them.  So the plan is a way to focus.  It also lets you create realistic financial plans (my son turns four in December - and he’s already in a private school!).

The plan creates a framework to build a business over a longer period of time.  It shouldn’t inhibit my entrepreneurial spirit - but when done right it’ll allow me to see if I’m on course or steering wide. 

Back to the books…

What’s In A Name?

What’s In A Name?They make businesses when they’re on target.  And they leave people scratching their heads when they’re wrong.  It’s a business name - and I’m determined to establish a communications consulting firm to take advantage of my 23 years experience.

What do you call a firm that specialises in public relations? Globally the major firms are named after their founders: Edelman, Hill & Knowlton, Burson-Marsteller, Ketchum, Porter-Novelli, Manning Selvage Lee.  In Sydney local firms are mainly named after their founders: Cannings, Gavin Anderson, Savage & Partners, Horwath, etc.

Is it that simple? Do I tack my name on a shingle and hang out the “Open for Business” sign? 

Or maybe I need to “Thai Harder”…

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