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Business Plan, Do You Have One?

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Business plans

Where should I start? Well… It’s been a while back since I wrote a post titled Famous Bloggers Club The Challenge this was my first post here on FamousBloggers, this seems a very long time ago, the blog came a long way with over 7 thousand comments, lots of authors and over two hundred articles, it is fair to say Hesham has risen to the challenge head on credit to him for having such business plan for blogging.

Managing a blog has never been easy especially when you have dreams and the desire to succeed, and of course we are talking here about making money from blogging, and like any business, you must have a business plan for blogging. There are two basics i believe every blogger should have in order to take business to the next level and achieved his/her goals, here are the two must have as I could imagine them:

(1) Business Plan

Yes, we need to have a business plan, there is an old saying “If you failed to plan, then you plan to fail” this is an old quote to which we can implement in our every day lives, having said that, your plan can be broken into smaller areas like the how, when, where and why sounds scary, yes but lets face it:

  • How am I going to achieve my goals?
  • When do I want to reach my targets?
  • Where will my business be in six months time?
  • Why do I want to be at that point?

Make it simple, you are running a business, and having a plan is important to your success. Now lets look at a scenario for a minute, you are working for a company, when pay day arrive, you expect to get paid, right? Well, that’s why the company owner need a business plan to ensure that you get paid on time.

How to plan a business

(2) Business Objectives

What are your business objectives?

I bet you haven’t thought about this, lets look at the definition of Business Objectives as defined by Wikipedia…

“Strategic planning is an organization’s process of defining its strategy, or direction, and making decisions on allocating its resources to pursue”

There you have it. I can tell you this from experience not having an Objective for your business is disaster waiting to happen.

In Summary

Starting a blog or any form of business for that matter needs a business plan.

Plan what you are going to do, how you are going to do it, where and set a time to make it happening so you can measure your success. Set out your objectives and review them after a period of time, make the necessary adjustments you need to grow your business, after that the challenge is over!

About

I a dad self proclaim Newbie Blogger who share tips for new bloggers and bloggers alike and the owner of Blogging The Future www.lawmacs.com

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{ 46 Responses }

  1. Fran Aslam From Onlinewriter says:
    Hi lawmacs Nice to see you hear. I did not yo have been guest blogging. Your blog post sounds very to the point and accurate. Planning is the pillar for all the actions. All activities work best with planning specially business and success come together because of effective planning. Planning create a picture of your goal, and that makes it more real. Fran A
    • lawmacs says:
      Hi Fran would you believe i was the first guest blogger on this site check it out this site is a great place full of lots of resources Thanks for taking the time to comment here much appreciated.
  2. Evan says:
    Plans can help with prioritising - but the future isn't predictable. "No business plan survives the first contact with a customer" - Steve Blank
    • lawmacs says:
      Yes we don't know what the future holds but that does not mean we should face it blind folded
  3. Jeffrey Baril - Source Blogger says:
    Interesting timing on this topic. Please click the CommentLuv link below. I just created a very important article on this very topic. I promise you will never look at your blog the same way again after reading it! - Jeffrey Baril of Source Blogger
    • lawmacs says:
      The link has not shown up jeffery thanks for your comments will visit your blog and see
  4. Rose says:
    Marketing is a big thing..... but Business Structure (business plan) is Bigger.
  5. Aswani says:
    Great post. Everything requires planning and so blogging too. Been myself into blogging for quite long, I must say that if you are really serious about your blogging then please have a plan first on what to do and how to do. And rest all must be what this guest post says. .-= NEW from Aswani´s last blog ..6 Tips to Succeed in Blogging =-.
    • lawmacs says:
      Thanks Aswani planning is every thing we must even planned for the unexpected glad to have you here and thanks for your comment your support is always appreciated .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  6. Spyros says:
    Indeed, having a business plan before doing anything, is really important. You should always have a long term strategy and know where you are getting at, if you want to reach success. .-= NEW from Spyros´s last blog ..My Guest Post for BlogGoDown.com – What Supermarkets Teach Us About Blog Marketing =-.
    • lawmacs says:
      thanks for your comment and input without a plan we won't be able to asses what is working and what is not and which direction we are going. .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  7. BizChickBlogs.com says:
    Solid advice. I've definitely been lazy about this. It's actually kinda critical to at least think about these things, if we ever want to get anywhere in the long run. I don't know that we could create a solid marketing plan without first thinking through the business plan. Thanks! .-= NEW from BizChickBlogs.com@BloggingGuide´s last blog ..Blogger Qs Answered: Is it better to buy my own domain name? And Wordpress or Blogspot? =-.
    • lawmacs says:
      Thats is so right i would not say lazy but sometimes we can become complacent thanks for sharing. .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.
  8. Dennis Edell says:
    While I don't advise this for everyone, what works best for me is a loose plan. Very little is "set in stone" as they say. This allows me to immediately implement those "light bulb moment" ideas, instead of having to rework some paper plan for a month first. .-= NEW from Dennis Edell @ Direct Sales Marketing´s last blog ..A TRUE Make Money Online blog – Part 2 – Choose My Domain Name =-.
    • lawmacs says:
      I do understand dennis but looking at it from another angle your plan was to have a loose plan. thanks for sharing .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  9. Dana says:
    I totally agree of it. A business plan is a must if we want to drive our business into success. However, for that success, just plan is not enough, we must do hard work to run that plan in proper way. .-= NEW from Dana @ Blogging Tips Blog´s last blog ..GoDaddy May 2010 Discount =-.
    • lawmacs says:
      I totally agree with you dana having the plan is one but we must put the plan in action there is now doubt about that.i appreciate your input .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.
  10. Chadrack says:
    Blog business objective! I truly love that. I think knowing your business objective will definitely guide you on what you do with your blog. Your content, how you present it, how you serve it to your readers and every other thing you do on your blog need be driven by your business objective or just call it your blog objective! Great article. .-= NEW from Chadrack@Home Business Marketing´s last blog ..Enhance Your Blog’s Social Networking Power With Twitter @Anywhere! =-.
    • lawmacs says:
      you have said it perfectly chadrack we should use our business objective to drive our business forward or our blog as you put it. .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.
  11. wannabe says:
    i miss a very important aspect in 'your' businessplan ... the finance side of it, what are you willing to invest, how are you going to invest ... what ROI's is acceptable for you. what is your budget for advertising ... etc etc etc did you know that you can have an ad running for 1 cent per click, even if you are not selling anything you can get visitors for 1 cent ... and if they come back, or promote your website elsewhere that 1 cent will be paid back double, or three times .-= NEW from wannabe´s last blog ..How To Get Much More Sex In Your Marriage =-.
    • lawmacs says:
      Hi Wannabe the financial side is always included in the business plan this should also includes your advertising budget however thanks for your input it is much appreciated. .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.
  12. Anne says:
    I usually draw a mini-business-plan for smaller projects, just to see if they make sense (as in, will they make a profit). With the big picture, it just keeps shifting too quickly to warrant a long-term plan. .-= NEW from Anne´s last blog ..Blogging about Blogging =-.
    • lawmacs says:
      Anne you could say that your plan was to test smaller projects which worked that means you not only had a plan but you also put that plan in motion. .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.
  13. Colleen says:
    We have had several businesses over the years and have never had a business plan. We have also been relatively successful with each of them, however, I know if we were to plan more, we would do more. .-= NEW from Colleen@Kennewick Real Estate´s last blog ..Happy Mothers Day, ~ The Lane Real Estate Team :) =-.
    • lawmacs says:
      Hi Colleen you may think that you did not have a plan but check again you planned to start a business you may noy have written them down on a piece of paper but you did some form of planning .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  14. Dev says:
    Hey Gary, Nice post. I strongly agree with you. We can't succeed in any business if we don't have plans !! Thanks for sharing this great post. :) Regards, Dev .-= NEW from Dev @ Blogging Tips´s last blog ..6 Best Sites to Make Money with Twitter =-.
    • lawmacs says:
      Thanks Dev glad you like it and thanks for taking the time to share your input that is what makes us as bloggers. .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  15. Evan says:
    I think plans can be helpful for us to prioritise. The problem is that sometimes we can plan too early - and set off in the wrong direction. I also think it is important to review and change our plans.
    • lawmacs says:
      You are right Evan sometimes we move too fast that means we by pass the "How" in the plan thanks for sharing .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  16. Karan Singhal says:
    I like to give myself short and long-term goals. Long-term for the obvious reason. Short-term because without these goals, I would procrastinate and get nowhere. Great post, Gary! .-= NEW from Karan Singhal @ Trafficke SEO Consulting Firm´s last blog ..The Power Of Guest Posting =-.
    • lawmacs says:
      Hi Karan thanks for your input short term goals are a must when setting out your business objectives these are what we can call the evaluation points or reviews to make sure that our plans are going according to plans. .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  17. Shabnam Sultan says:
    You are very much correct bro :) planning is an essential part to succeed in any business. You cannot succeed without a detailed planning. .-= NEW from Shabnam Sultan´s last blog ..ClamCase turns your iPad into notebook =-.
    • lawmacs says:
      Thanks Shabnam it is nice to see you here and making a contribution to this topic, yes planning should be an essential part in any business as they say if you fail to plan then you plan to fail. .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  18. Agent Deepak says:
    Yup! Thats 200% true and no one can (or should) deny it. You want to get to the top, you got to have a plan. Planning can be both simple and complex but it is always needed. .-= NEW from Agent Deepak@Blogging. Marketing & Success´s last blog ..Blog Launch Final Launch – Today is the Launch Day =-.
    • lawmacs says:
      That is right there is an old saying that if you fail to plan you plan to fail having a plan is very important when running a business. without this you are doomed to fail by the way i realize this is my 200 comments here. Thanks for your support .-= NEW from lawmacs´s last blog ..Monthly Round Up From The Web =-.
  19. Ryan says:
    Sound advice Gary. Rushing into a business without creating a plan is like jumping into the deep end without being able to swim. You might survive with the help of others but only after lots of flailing and struggling. Creating a business plan creates order in the mind. An orderly mind is more efficient and is better able to deal with the ups and downs of running your own business.
    • lawmacs says:
      Thanks Ryan i like your terminology we definately needs a plan and it is vital we do this whenever we are about to start any business .-= NEW from lawmacs´s last blog ..How To Make Phone Calls From Your Computer =-.