Guide Construction Accounting
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Sage Peachtree Complete Accounting 2011 [OLD VERSION] $19.98 Sage Software Peachtree Complete Accounting 2011 PCW2011RT Business Management Software… |
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QuickBooks Premier Contractor 2012 $249.99 New to QuickBooks? Find out why QuickBooks is the #1 best selling small business accounting software¹. Organize your finances all in one place with accounting software tailored to your business Document and track change orders Instantly turn estimates into invoices and POs, bill clients by job phase Invoice multiple customer at once with Batch Invoicing Manage your jobs with ease using the Job C… |
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Sage Peachtree Complete Accounting 2012 $99.99 You need ease and efficiency to keep your business growing. Sage Peachtree Complete Accounting 2012 can help you be more productive with robust core accounting and advanced features like job costing in-depth inventory capabilities simplified dashboards and the automation of key tasks including purchasing and shipping. Based on real double-entry accounting principles it helps reduce errors and dete… |
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Managing the Construction Process (4th Edition) $73.00 Managing the Construction Process: Estimating, Scheduling, and Project Control, Fourth Edition, covers all areas of the Construction Management industryâwith a balanced focus on both theory and practicality. Helping students gain a working knowledge of the whole Building Industry, this text provides the technical skills required to manage a construction project from conception through occupan… |
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Construction Project Administration (9th Edition) $74.99 Using simple, straightforward language, this text addresses how a successful construction project is managed and administered from design through construction to closeout. With the goal of uniting the key stakeholders (contractors, architects, engineers, etc) and providing them with a workable system for operating as an effective construction team, Construction Project Administration reflects the … |
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Contractor’s Guide to QuickBooks Pro 2010 $35.91 According to a national survey, more construction contractors use QuickBooks Pro and QuickBooks than all other accounting programs combined. And for good reason. QuickBooks Pro excels at all the routine paperwork in a construction office: writing checks, keeping track of your bank balance, sending out invoices and statements, creating up-to-the minute profit and loss statements for the month, year… |
10 Step-by-step Business Startup Guide: Step 3
STEP 3: Prepare a Business Plan
Once I have done all the preparations, I would start creating a detailed business plan – a document that will provide the priorities, strategies, agenda and sanity I’ll need to startup my business.
In my experience and observation of the business world, the “activity” of creating a business plan is as valuable as the end product itself. Just remember that the most important audience for a business plan is ME. I am accountable for all the statements, claims, statistics and facts. So if I try to “twist” the figure, I am actually lying to myself!
The business plan can also aid me as a tool to generate interest from financiers, venture capitalists, staffs, suppliers and strategic associates.
Regardless of the structure or format of my business plan, I will ensure that my business planning must contain answers for the following twelve questions:
1. What’s my business idea?
2. How does my idea address consumers’ needs/wants?
3. What business model suits me best?
4. What’s unique about my business idea over the rivals?
5. What is the market opportunity and potential?
6. What is my role and responsibility?
7. Who are the key staffs or workers (skip if I do not have any)?
8. What price will the customer pay and how will they buy?
9. How much money do I need to start and run the business?
10. What’s the source of my capital?
11. How will I measure the success of my business?
12. What are my key milestones?
While preparing my business plan, I would cover all the elements of a business plan shown in DAY 3. Just for your study aims, I have attached a sample business plan at the end of this section.
I must ensure that my business plan is concise and neatly formatted (i.e. Microsoft Word document for the bulk of the plan, with any financial documents as attached spreadsheets in Microsoft Excel), and need not include fancy graphics, flowery language or photos. The easier I make it to read, the better.
Alternatively, there are occasions I work better with business plan templates and wizards. Hence, I would search online as there are many business planning software packages available that only cost in the neighborhood of $100, as well as a few free online business plan templates. I would normally spend some time searching for the right software or templates to aid me in constructing my business plan.
*Note: Unproven teories to not be shown to my readers! If you need any small business startup help, feel free to visit my Website 
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Disclaimer – This article may be freely reprinted in its entirety in any e-zine, newsletter, blog or website. The author’s name, bio and website links must remain intact and be included with every reproduction.
About the Author
Dave J, is an E-preneur, NLP-Certified Business Coach and Author. Within a decade, Dave J has served as an advisor to countless small-level to high-level business leaders around the world. Despite such a short span, Dave J has becoming a highly-respected authority on the psychology of business leadership, business startup, management and marketing. His forte is coaching ordinary people to attain professional and financial breakthrough.
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