I’m going to create a business plan

Thanks to Nodatilu (who commend on a previous post) I’ve decided that I am going to try creating a business plan for my computer shop business idea. I never really thought of using that as a gauge to see how sound this business really is. I must also thank Mike Muise (who happens to be my brother in-law) for his words as well. They got me thinking that my dream of being my own boss might not be a total pipe dream.

I must admit, I’ve already started to fill out a template. It’s probably been seen by just about every financial institution but it was provided free of charge from the BDC on their website so I figured it must be fairly safe to use. If you would like to see what I got myself into click here  to download a copy of the files.

It’s a good thing they also provide an example of a filled out business plan because I really know nothing about what I am doing. I guess it’s good and bad, at very least I will learn some new things about entrepreneurship. Also, there’s a second part, which is a spreadsheet, used to calculate all the financial stuff. I’m sure I’ll need help with that but I’ll tackle that part when I get there.

As of now, I am about 1/4 of the way through the first draft. I’ll try and post some updates as I go along so you can follow my progress.

Cheers for now!
~TheNerd

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