{"id":110,"date":"2009-03-16T11:27:49","date_gmt":"2009-03-16T17:27:49","guid":{"rendered":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/?p=110"},"modified":"2009-05-01T01:51:44","modified_gmt":"2009-05-01T07:51:44","slug":"how-to-start-a-business","status":"publish","type":"post","link":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/graduate-tutor-news\/how-to-start-a-business\/","title":{"rendered":"How to start a business: Business plans"},"content":{"rendered":"<p>Graduatetutor.com assists b-school students with tutoring in a variety of subjects.\u00a0 We are now thrilled to formally launch our <a title=\"Business plan review, coaching &amp; tutoring\" href=\"http:\/\/www.graduatetutor.com\/business-plans.php\" target=\"_blank\">business plan tutoring services<\/a>.<\/p>\n<p>There has been a spurt of new entrepreneurs and we want to do our bit to support them.\u00a0\u00a0 <a title=\"Entrepreneurship report\" href=\"http:\/\/www.economist.com\/specialreports\/\" target=\"_blank\">See this special report on entrepreneurship in The latest edition of The Economist<\/a>.\u00a0 According to this <a title=\"Starting a business\" href=\"http:\/\/www.nytimes.com\/2009\/03\/14\/technology\/start-ups\/14startup.html?em\" target=\"_blank\">NYT article<\/a>, more people are now forced to start a business.\u00a0 It may be that people are tired of looking for work like the title of this article says or it may be that you have less to lose once you are laid off!\u00a0 Whatever your reason for starting a business is, it always helps to plan well before you do so.<br \/>\nStarting your business is a risky venture.\u00a0 Statistics show that only one in ten or more businesses succeed.\u00a0 What can you do to increase your odds of success?<\/p>\n<blockquote><p>Answer:\u00a0 Write a business plan before you start a business.<\/p><\/blockquote>\n<p>We believe putting down your ideas in a business plan before you start really helps in many ways.\u00a0 See our <a title=\"Business plan review, coaching &amp; tutoring\" href=\"http:\/\/www.graduatetutor.com\/business-plans.php\" target=\"_blank\">business plan tutoring <\/a>page to read more on how a business plan can help before you start a business and how GraduateTutor.com can assist you.<br \/>\nPeople get ideas all the time\u00a0 but unfortunately ideas alone will not create a successful start up.\u00a0 The idea needs to be implemented.\u00a0 But even\u00a0 implementation is not sufficient to create a successful business.\u00a0 The idea must be implemented in a manner that it must produce more revenues \/cash flow than it costs to bring the product or service to the market.<\/p>\n<p>Writing a business plan before you start a business will help you evaluate if your business idea can produce more revenues \/cash flow than it costs to bring the product or service to the market.\u00a0 If the answer is a resounding yes, then it is a wise decision to move forward.\u00a0 If not, pause and think of a new idea.<br \/>\nWe believe that if more people had written business plans before they started their businesses, the statistic that\u00a0 nine out of ten startups fail would have been so much better!\u00a0 So take our advice and write a business plan before you start a business!<\/p>\n<p><em>(full disclosure:\u00a0 We offer <a title=\"Business plan review, coaching &amp; tutoring\" href=\"http:\/\/www.graduatetutor.com\/business-plans.php\" target=\"_blank\">business plan tutoring services<\/a>! Please don\u2019t feel obligated to work with us.\u00a0 Just write a business plan before you start a business.)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Graduatetutor.com assists b-school students with tutoring in a variety of subjects.\u00a0 We are now thrilled to formally launch our business plan tutoring services. There has been a spurt of new entrepreneurs and we want to do our bit to support them.\u00a0\u00a0 See this special report on entrepreneurship in The latest edition of The Economist.\u00a0 According &hellip; <\/p>\n<p class=\"link-more\"><a href=\"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/graduate-tutor-news\/how-to-start-a-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How to start a business: Business plans&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[23,78,41],"_links":{"self":[{"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/posts\/110"}],"collection":[{"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":8,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/posts\/110\/revisions"}],"predecessor-version":[{"id":114,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/posts\/110\/revisions\/114"}],"wp:attachment":[{"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/media?parent=110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/categories?post=110"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/graduatetutor.com\/mba-tutor-homework-help\/wp-json\/wp\/v2\/tags?post=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}