Do You Really Need a Business Plan to Start a Business?

 

 

 

 

 

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “ . ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.netVIEW ALL OF WALTERS LISTINGS

If you’re thinking about starting a business without a business plan, learn five reasons why you need a business plan to succeed.

 

When you’re starting a new business, do you reallyneed a business plan? Let’s face it: When you’re excited about your great new business idea and can’t wait to get going, the last thing you want to do is a sit down and spend weeks or months crafting a business plan.

As the world of business has gotten less formal and the pace at which startups come to market has sped up, many entrepreneurs have begun to question whether a business plan is necessary anymore or is as outmoded as the typewriter.

As an impatient person myself, I fully understand the desire to skip over the business plan stage, especially if you’re launching a business in an industry that you have some experience and familiarity with. For example, if you’ve worked as a CPA for 10 years and you want to strike out with your own CPA firm, you may feel like you know everything you need to know.

You may also think that as long as you’re not looking for a bank loan, line of credit, or any type of outside financing, you don’t need a business plan. It’s true that lenders and investors will want to see a business plan—but if you’re not looking for money from outside sources, you won’t need to show a business plan to anyone.

However, the reasons to write a business plan really have nothing to do with other people. Instead, it’s all about you. You may think you’re making it easier on yourself and saving time by skipping the business plan. In reality, doing a little homework now and crafting a business plan will make your life much easier and save you tons of time later on. Here are five good reasons why every startup entrepreneur needs a business plan:

  1. You’ll have to think through all aspects of your startup

As entrepreneurs, we tend to be “idea people,” focused on the excitement of doing something new. We’re less thrilled about the nuts and bolts aspects of startup, such as setting up an accounting system or dealing with employee law. To write a good business plan, you have to think about how you’ll handle every aspect of your business—marketing, managing, financing, and more. You’re forced to focus on the very areas you’re tempted to skim over (which are usually the places where you need to really drill down). When your business plan is done, you’ll have a blueprint for success.

  1. You’ll spot problems ahead of time

Would you rather uncover problems with your business concept during the planning stage—or wait until you’ve already spent money on a location, inventory, or employees? By identifying possible obstacles, your business plan will help you plan how to avoid them.

  1. You’ll be ready for anything

You may not be actively seeking financing, but what if an opportunity arises for someone to invest in your business or lend you money? If your business plan is ready to go, you can hand it over and impress the would-be financing source. If it’s not, you’ll have to stall them while you scramble to write one (which doesn’t make a very good impression). Wouldn’t you rather be prepared for any eventuality?

  1. You’ll be able to explain your idea better

When you’re looking for business partners, vendors, or even your first employee, it can be hard to convince people of the merits of a business that doesn’t yet exist. A business plan can show people what you’re planning to do so they’ll have a better idea of whether they want to be involved.

  1. You’ve got a lot of help

In the past, writing a business plan was tedious and time-consuming. While there is definitely still some grunt work involved, such as researching your market and crunching numbers, overall, the process has gotten so much easier that there’s really no excuse for skipping it. A quick search online will uncover business plan templates, samples, and all types of guidance. Need more help? The experts at SCORE and your local Small Business Development Center (SBDC) can walk you through the process of writing a business plan step-by-step. (Disclosure: SCORE is a client of my business.)

Would you plan your wedding by winging it, or a vacation without researching your destination? These days, most of us put some level of research into everything we do—from deciding where to go to dinner, to buying a new blender. Why should something as important as starting your own business deserve any less thought?

SEE IT ALL: https://www.allbusiness.com/really-need-business-plan-start-business-115981-1.html

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

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Timeline of Arizona from  900 BC – 2017   

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

FROM ME:                                                                   

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also internationalClick here to find out what is a   CCIM:   https://en.wikipedia.org/wiki/CCIM 

PLEASE CALL ME 520-975-5207 OR E-MAIL ME walterunger@ccim.net

ARE YOU READY TO SELL OR PURCHASE YOUR LAND OR COMMERCIAL BUILDING IN PHOENIX, SCOTTSDALE, MARICOPA COUNTY AND PINAL COUNTY, ARIZONA,  CLICK HERE  AND PLEASE CALL ME.     520-975-5207 or email me walterunger@ccim.net

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WEEKLY LAND CLOSING UPDATE / THROUGH February 9, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH February 2, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH January 26, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH January 19, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH January 19, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH January 12, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE / THROUGH January 5, 2018 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY APARTMENT CLOSING UPDATE THROUGH February 9, 2018/  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH February 2, 2018/  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH January 25, 2018/  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH January 19, 2018/  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH January 12, 2018/  Phoenix Arizona Metro.

WEEKLY APARTMENT CLOSING UPDATE THROUGH January 5, 2018 /  Phoenix Arizona Metro.

8 Reasons You Should Invest in Land

Timeline of Arizona from  900 BC – 2017                                              

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

ARIZONA FACTS – YEAR 1848 TO 2013

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What is a CCIM.

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  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

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Click here to find out what is a CCIM:

Click here to view my website:

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Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

2016 Official Arizona Visitors Guide

Visit Arizona

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

walterunger@ccim.net

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 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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Walter Unger CCIM

Senior Associate Broker

Kasten Long Commercial Group

5110 N 40th Street, Suite 110

Phoenix , AZ 85018

Direct:    520-975-5207

Fax:       602-865-7461

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