Question: How do I forecast my cash needs, with all of the complexities of direct selling? Answer: A business plan with direct selling focus depends on both words and numbers. You can't describe the business in words alone, and the numbers don't work without the words. Forecasting is more art than …
Strategy & Planning
How can I set a strategy today that will take me where I want to be in 5 years?
Question: How can I set a strategy today that will take me where I want to be in 5 years? Answer: Virtually all successful direct selling companies have something in common: they started with written strategic and business plans and forecasts that described how their business would work. "Plan your …
To secure the capital I need, what must be in my business plan?
The strategic plan lays the foundation for the business plan. The value of a business plan is not measured in dollars, although many attempt it. The value is in the decisions it influences, and ultimately, how much money is in the bank as a result. What Makes a Good Plan? A good business plan with a …