The Top 10 Mistakes Made in Business Plans

Written by Jan B. King


Continued from page 1

7.Not writing forrepparttar target audience. Althoughrepparttar 104161 core is repparttar 104162 same,repparttar 104163 plan should be written forrepparttar 104164 perspective of banks, equity investors, and others. Go as far as you can to tailor each plan torepparttar 104165 audience’s specific interests to show you’ve done your homework and know to whom you are talking.

8.Starting with a boring, unenthusiastic executive summary. This isrepparttar 104166 first section to be read, and if it isn’t excitingrepparttar 104167 rest may never be seen. Make it fun and be enthusiastic. It should stand alone and generate interest for more. It deserves allrepparttar 104168 thought you would put into a professionally done promotional piece for your customers.

9.Poor presentation. If you have typos and grammatical errors in your business plan,repparttar 104169 reader will assumerepparttar 104170 work you do in your business is sloppy too.

10.Saying too much. Keeprepparttar 104171 entire plan to a maximum of 30 pages, with an executive summary of 3 pages or less. If investors are interested, they will ask for any other information they need. Amateurs talk inrepparttar 104172 business plan about unimportant details because they don’t know what they should say and what they shouldn’t. Hire a professional editor to reducerepparttar 104173 page count and help you emphasize your strengths.

Jan B. King is the former President & CEO of Merritt Publishing, a top 50 woman-owned and run business in Los Angeles and the author of Business Plans to Game Plans: A Practical System for Turning Strategies into Action (John Wiley & Sons, 2004). She has helped hundreds of businesses with her book and her ebooks, The Do-It-Yourself Business Plan Workbook, and The Do-It-Yourself Game Plan Workbook. See www.janbking.com for more information.


“SECURITY LIABILITIES YOU NEED TO WORRY ABOUT”

Written by Gary L. Cunningham, C.P.O.


Continued from page 1

The second thing you need to do is actually implementrepparttar recommendations fromrepparttar 104160 consultant. Without this step in place you do nothing but raise your liabilities, especially if it is over a matter of cost ofrepparttar 104161 security measures you need to implement. The courts do not look favorable on those that neglect to install security measures just because ofrepparttar 104162 cost associated with them.

The third thing you should do is look at all your policies and procedures; they will usually berepparttar 104163 reason that you have a security issue inrepparttar 104164 first place. Most timesrepparttar 104165 security measures you needrepparttar 104166 most to reduce or eliminate an issue is inrepparttar 104167 way policies and procedures are written or not adhered to.

Take a close look atrepparttar 104168 entire make up of your company, hiring, retaining and termination of employees. Look at all you policies and procedures forrepparttar 104169 way you do and run your business. Take a close look atrepparttar 104170 outside of your business for anything that may get someone hurt or protect a possible criminal.

This isrepparttar 104171 only way you will findrepparttar 104172 things that can get you sued, you have to find them first to fix them. Having a lawsuit filed on you for them and going to court saying you didn’t know is not a valid excuse!

Look atrepparttar 104173 crime factors in your neighborhood and other businesses around you and then see what you can determine is possibly going to happen to you in any type of criminal event or incident that you may be sued for.

Then makerepparttar 104174 necessary changes to all these to reduce/eliminaterepparttar 104175 possible lawsuit factors. It is not easy or not time consuming to do all this. That is why it is suggested a security consultant do it for you. It can save you a lot of time, money inrepparttar 104176 long run and be donerepparttar 104177 right way before you do get sued.



Gary Cunningham is a Certified Protection Officer with over 30 years experience in High Risk Security, Law Enforcement Special Operations, Specialized Training and Military Special Operations. For more information on his services to business owners, check out www.cmbizinfo.com or e-mail him at mailto:secuone@aol.com!


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