Business plan "Magna Charta"?

Is this what happens to poeple that quit smoking

Bill Tindall, E.TN

>

Re: Business plan "Magna Charta"? *LINK*

MikeW

>Uh, Business Plan?

Really. Have your friend peruse the Small Business Administration's web site. Here's a link to help him get started.

Take care, Mike


SBA Starting a business

Yes!

Ernie Miller

>They set around procrastinate bothering other people who are getting things accomplished in hopes of going a little while longer. befor doing nothing some more. Here I thought he was going to make a club sandwich and then work but NO some left wiels unobtanium scheme that will bring him back round full circle looking for an excuse to do nothing at all.

Ummm Todd... *LINK*

Scott Burr in Ben Lomond CA

>I know it helps to keep yourself busy when your quitting, but dang man get a grip! 8^)

Don't knap, it just spoils your sleep at night. Get up off you arse and go split some wood. That will help work all the crap you've inhaled out of you, and you'll sleep like a baby tonight.


In 1215 this was a big deal...

Re: Ummm Todd...

Stuart Hough

>Would that be a Mission Statement?

Pro forma, used for all sizes of businesses

Pam Niedermayer - Austin, TX

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Re: Pro forma, used for all sizes of businesses

MikeW

>A pro forma may be included as a part of an over all business plan, but it is a part not necessarily included in every business plan.

Take care, Mike

Re: Ummm Todd...

Todd O. Cronkhite Maine Native, Presently Away

>Yes Stuart, Mission Statement!, that is exactly what I was thinking of! Dang, I couldn't remember that for the life of me. Thanks.

Also, I'd like to thank the others for their imputs, as I had never heard of several of them.

Re: Pro forma, used for all sizes of businesses

Pam Niedermayer - Austin, TX

>Sorry, Mike, I tend to be too succinct. Pro forma is what tiny/small business people typically call their business plans, particularly when trying to impress. I thought that maybe this was what Todd had heard. I always use "business plan."

Pam

Re: Pro forma, used for all sizes of businesses

MikeW

>No worries Pam--and sorry, I sometimes try to be too correct. Tis a problem at times.

I've done enough of them that after being told I need this or that part, it sears itself into the ol' noggin'.

Take care, Mike

Re: Ummm Todd...

Pam Niedermayer - Austin, TX

>Todd, on the off chance this is important to some effort you're undertaking ( :) ), the mission statement is only a single element in a business plan.

Pam

Re: Ummm Todd...

MikeW

>Yep--exactly as Pam says. Think of the mission statement as the opening of a thesis paper. It's an (honest) vision of where the business is, where it can/will go.

Other parts detail how you will get there: exactly what you need from the person reading the BP, and exactly how you will utilize their resources to achieve/exceed the mission statement.

Good luck. Mike

Re: Pro forma, used for all sizes of businesses

VLParisian

>As a CPA in private practice for a number of years dealing with small businesses, I prepared a few. I would venture the guess that any of my clients who had them couldn't find them and hadn't a clue as to what they contained. I suspect a banker said "You need a business plan." and someone drafted one for the bank or as I put it, they killed a tree for the banker.

One distinct exception was a chemical engineer that started one of the most successful hair salons in our area. He had an excellent business plan with some well thought out numbers and growth plan along with a recruiting plan etc.

Victor - avoiding my real work

Re: Ummm Todd...

Todd O. Cronkhite Maine Native, Presently Away

>As was stated in my orginal post:

I'm not thinking of, nor am I interested in starting a small business. This question is driven by a conversation I had with a friend of mine concerning a small business, and that how, each and every household is, and should be run like a small business, and therefore each and every household should have it's own "Magna Charta"

My friend and I where merely having a casual conversation, and I brought this up, but couldn't recall the words "Mission Statement". Seems that my buddy is perpetually broke with nothing to show for his money, and thus I brought this idea into the converation as I think everyhouse hold is unto itself a "small business" and should bascially be run as one. Money in, Money set aside, money out, and at least live within your dollars limits, and a little below if possible. That's what I do, and the only debt I have is my mortgage, which makes Life for me quite nice. Sure, I have a Credit Card, but I never use it unless it's a dire emergency.

Thanks again for all the inputs.

T.O.