Money making website

A Serious Ebay Business Needs a Serious Business Plan

Description:

Do you want your eBay business to be a success? Then you need a business plan. Remember that old saying, “If you fail to plan then you’re planning to fail.”

Content:

Are you serious about making your eBay Store or online auction business a success? Do you want to make your eBay Store or home business your full-time career? Do you have a business plan in place for your eBay business?

If you answered no to having an eBay business plan in place, you may not be doing all you can to make your eBay business a success. If you want to have your eBay Store be your primary income, then you have to start treating your eBay business like a true Business. And, a true Business has to have a business plan.

If you don’t have a business plan, make writing one a priority. A business plan is a road map that will help you get from where you are now to where you want to be. Creating a business plan forces you to contemplate possible obstacles to your business and prepares you to find solutions that will help you to overcome them.

In addition, if you need money to help your eBay business grow, such as buying inventory to sell, upgrading your computer and photography equipment, or paying yourself to quit your day job while you’re taking the time to build your eBay business, you must have a professional small business plan in order to gain financing. This financing can be in the form of a small business loan from a bank or an SBA loan.

What’s an SBA loan? SBA stands for Small Business Administration, and it’s a government agency formed to help people own their own businesses. You can go to an SBA office and obtain business counseling, as well as apply for a low-interest SBA loan.

What is Included in a Business Plan?

A business plan is not only a road-map that helps you stay on track, but it will force you to look at all areas of your eBay business. Your business plan will cover such areas as:

**Mission Statement – why you’re choosing this particular business

**Short-term goals - 3 to 6 months

**Long-term goals - 3 to 5 years

**Who are your potential customers?

**Who and what is your competition?

**Financial analysis – how much money you expect to make versus how much you need personally and for your business

How to Create a Business Plan?

You can search the internet for examples of small business plans and write up your own plan, purchase a good business plan software to help with the process, or hire someone to write up your business plan for you (with your input, of course). Whatever method you choose, be sure to make your business plan as professional as possible. This shows the SBA or bank that you are professional and take your business seriously.

Once you have your business plan written, don’t put it in a drawer and forget about it. Take your business plan out every several months to see that you’re staying on track. If something changes in your eBay business (new products, etc.) you can update the plan to reflect the new path. Above all else, a business plan helps keep you organized.

You really should take the business plan seriously. Remember that old saying, “If you fail to plan then you’re planning to fail.”

Author: Shari Hearn

About Author:

Shari Hearn is a writer and creator of www.ebaysellingideas.com where you can laern more about writing a SBA business plan.

---

Random related phrase:

money making website

Misspelled random related phrase:

mmoney making website, oney making website, omney making website, mooney making website, mney making website, mnoey making website, monney making website, moey making website, moeny making website, moneey making website, mony making website, monye making website, moneyy making website, mone making website, mone ymaking website, money making website, moneymaking website, moneym aking website, money mmaking website, money aking website, money amking website, money maaking website, money mking website, money mkaing website, money makking website, money maing website, money maikng website, money makiing website, money makng website, money maknig website, money makinng website, money makig website, money makign website, money makingg website, money makin website, money makin gwebsite, money making website, money makingwebsite, money makingw ebsite, money making wwebsite, money making ebsite, money making ewbsite, money making weebsite, money making wbsite, money making wbesite, money making webbsite, money making wesite, money making wesbite, money making webssite, money making webite, money making webiste, money making websiite, money making webste, money making webstie, money making websitte, money making websie, money making websiet, money making websitee, money making websit