The Planning Stage involves doing the required research to ensure that your idea (from the idea stage) is viable and has the best chance of succeeding. You do this BEFORE spending any money. Think of this step as the “putting your idea to the test stage”. This step usually requires the creation of a step-by-step written plan of the who, what, when, where and why of your intended actions. The problem is most people get you to write down the WRONG stuff! The episode along with 6 upcoming episodes breaks this down in detail and helps you LOOK BEFORE YOU LEAP! More importantly it will build confidence in yourself and that your business idea CAN and WILL succeed… the first time!
Even if you already have a Business Plan, I recommend that you check this list out!
The 7 steps to Planning your startup business
Complete information located at: http://www.startupbusinesspodcast.com/planning/
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