Monthly Buzz #39
Transform Your Business
July 2005

FEATURE:
You Want to Go into Business?

BUSINESS DEVELOPMENT CORNER:

• Business Planning-Your Blueprint for Business Success

• What's Your Mission?

• What You Should Know Before You Request Financing

• Competitive Positioning

TAX BRACKET:
Home Office Deduction

You Want to Go into Business?

Step 1 - Read this article!

Business Planning - Your Blueprint for Business Success

Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim.

What's Your Mission?

If you don’t know, your customers surely don’t. More importantly, if you don’t know, you won’t be able to tell your customers why they should choose you over your competitors. Answering this simple question is critical to forming a mission statement and creating your marketing strategy. 

What You Should Know Before You Request Financing

Asking for money is never an easy task. And when it comes to finding financing for your business, it can be even more difficult. There are several steps you can take to improve your chances of acquiring funding and making the process a smooth one.

Competitive Positioning

Evaluating and identifying your competition reduces risk, decreases money spent, clarifies necessary resources and saves you valuable time.  

Home Office Deduction

- Pam Stenger

The cost of operating an office from home is a business tax deduction if certain requirements are met.  Inside this article find out what activities actually constitute a business and if this deduction could be of help to you.

"Tell me and I forget. Teach me and I remember. Involve me and I learn."
- Benjamin Franklin (1706-1790)

"I've failed over and over and over again in my life. And that is why I succeed."
- Michael Jordan (1963-   )

"I like thinking big... if you're going to be thinking anyway, you might as well think big. "
- Donald Trump (1946-   )