A common question from clients and prospective clients is: Where do I start? My suggestion is: Start with your vision. Deciding on the vision for your winery or winery business is the very first step in creating a successful company. So, what is it and how do you write it? The vision comes first BeforeContinue reading “What’s Your Vision?”
A strategic plan will help your company succeed and plan for the future. A Strategic Plan is a ten year financial plan that forecasts expenses and sales, and includes a Threats and Opportunities Assessment. When writing this plan, start with where you want to be in ten years.
Plan for the future by creating financial plans that enable you to grow your business, capitalize on opportunities and weather the threats.
Three reasons why you should write a business plan anyway.
1. Defines success.
2. Estimates costs and time.
3. Acknowledges risks and rewards.
Is your business focused on a niche market? What does it mean and how do you do it? These ideas are explored in my post on Niche Marketing.