Business Plan for Home Business
Pre-pare Now or Re-pair Later




Whether you are researching for an opportunity or have already started, a business plan for home business is absolutely essential for success. 97% of home businesses will ultimately fail to ever make more than $200 a month. Lack of a structured and detailed business plan for home business is one of the main reasons for this high failure rate. This is the purpose of business plan writing and why it is so important.

Even if you are still in the “research” phase of your home business journey, this information will help you to intelligently evaluate the opportunities you are looking at.

There are two additional principles with important relevance to a business plan. One was determined by an American statistician and one by an Italian economist:

  • The Deming Principle
  • The Pareto Principal

    The best place to start in writing your business plan for home business is with a good outline - provided below. More detailed information is available by clicking on each section.

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    BUSINESS PLAN OUTLINE

    1. Purpose - How to Write a Winning Business Plan
    2. Description/Summary - An Important Business Plan Component
    ...Business Concept
    ...Current Situation
    ...Key Success Factors
    ...Financial Situation / Needs
    ...Milestones
    3. Market Analysis - A Marketing Education Lesson Plan
    ...The Overall Market
    ...Changes in the Market
    ...Market Segments
    ...Target Market and Customer Characteristics
    ...Customer Needs
    ...Customer Buying Decisions
    4. Competition Analysis - A Business Education Lesson Plan
    ...Industry Overview
    ...Nature of Competition
    ...Industry Trends / Changes
    ...Primary Competitors
    ...Competitive Products / Services
    ...Competition Strengths = Threats and Risks
    ...Competition Weaknesses = Opportunities
    5. Product or Service
    ...Description
    ...Positioning
    ...Competitive Evaluation
    ...Future Growth
    6. Marketing Plan - How to Write a Small Business Marketing Plan
    ...Lead Generation
    ...Marketing Strategy
    ...Implementation
    ...Sales Tactics
    ...Advertising
    ...Conversion (Promotion / Incentives)
    7. Customer Service Plan
    8. Self-Analysis
    ...Your Accomplishments and Skills
    9. Financial Projections
    ...Break-Even Analysis
    ...Profit / Loss Forecast
    ...Start-Up Cost Estimate
    ...Cash Flow Projection
    10. Execution

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    As you can see, building a business plan can be an involved process. But it is crucial to success. And, with a home business opportunity, the process can be significantly simplified. Here is the same outline that demonstrates an awesome advantage of a home business - Simplicity. A business plan for home business not need all of these planning items - because they have already been done for you. The items that you won't have to worry about are marked out below. Also notice the items in italics. You will still have to complete those portions of your plan, but they will be extremely simplified.

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    BUSINESS PLAN for Home Business OUTLINE

    1. Purpose of Business Plan
    2. Description / Summary
    ...Business Concept
    ...Current Situation
    ...Key Success Factors
    ...Financial Situation / Needs
    ...Milestones

    3. Market Analysis
    ...The Overall Market
    ...Changes in the Market
    ...Market Segments
    ...Target Market and Customer Characteristics
    ...Customer Needs
    ...Customer Buying Decisions
    4. Competition Analysis
    ...Industry Overview
    ...Nature of Competition
    ...Industry Trends / Changes
    ...Primary Competitors
    ...Competitive Products / Services
    ...Competition Strengths = Threats and Risks
    ...Competition Weaknesses
    5. Product or Service
    ...Description
    ...Positioning
    ...Competitive Evaluation
    ...Future Growth
    5. Marketing Plan
    ...Marketing Strategy
    ...Implementation
    ...Sales Tactics
    ...Advertising
    ...Conversion (Promotion / Incentives)

    6. Customer Service Plan
    7. Self-Analysis
    ...Your Accomplishments and Skills

    8. Financial Projections
    ...Break-Even Analysis
    ...Profit / Loss Forecast
    ...Start-Up Cost Estimate
    ...Cash Flow Projection

    9. Execution

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    With a network marketing, or affiliate home business system, almost all of this planning has already been done for you by:

    A) The Company (at a Corporate level)
    B) Your Upline Sponsors and Business Team
    C) Our FREE Home Business Success Pack.

    Request it now and get your Business Plan for Home Business started.

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    Business Plan for Home Business

    "Money is important, but I don't
    want to spend my life working for it."

    -Quote from Rich Dad's CASHFLOW Quadrant

    The Perfect Business CD is a 25 minute audio interview that introduces you to Robert Kiyosaki, his philosophy on The Perfect Business, and his Business Plan for Home Business.

    ...and We Want To Give You A Copy Free



    Click Here For Your Free Perfect Business CD:
    Get Your Business Plan for Home Business

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