The last several weeks I have been working on my business plan. It was rough but solid the first time I wrote it. The second time it had improvements. It is still in that state for the most part. This probably makes you think, "So what have you been working on?!"
I have been working on projections. Expenses for the first five years of business. The profits for the first five years of business. Then the differences and plan to pay taxes, my loan back and what I will do with anything left over.
This means a lot of number crunching, making tables and making important choices. I have needed to decide what to spend and what to spend it on/what to sell. The quantities based on the experiences of others what has worked for them.
It has been a lot of work but worth it. The end of this week my business plan will be perfect and complete. Then next week I will put the finishing touches on it. After that I will arrange an appointment with the bank. It is an exciting time for me!
Starting a new business is scary, it is thrilling and it is the most happy thing I have done for myself in my entire life! What were your experiences? I would love to hear from other people who have done something similar.