Chapter 2
Knowing Your Path as a Micro-Entrepreneur
In This Chapter
Seeing the value of a business plan (or not)
Naming the components of your business plan
Keeping in mind important considerations and tools for your business path
I’m the biggest advocate of folks starting their own business. No matter who you are or what your situation is, there is a business — some kind of business — that is personally right for you. In this chapter, I help you figure out a path for you and your business. I realize that everyone is different, and some of the information in this chapter may not apply to you, but it’s still good to know what to do and what not to do.
Recognizing Whether You Need a Formal Business Plan
Every business in history started off as an idea. Think about what type of business you want to have. I assist you in finding ideas in many of the chapters in Part I and Part II. For example, Chapter 3 helps you figure out your idea by first understanding yourself better. This section assumes you already have an idea in hand. Now, you’re ready to start your business, so you need a plan, and pronto.
A business plan is a detailed statement describing the business’s operations and marketing ...
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