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Blog, Video · May 6, 2014

Video: Creating a Business Plan for Your Micro Business – Your Business Concept

You are here: Home / Blog / Video: Creating a Business Plan for Your Micro Business – Your Business Concept

Creating a Business Plan For Your Micro BusinessSo you have a great idea, or you’ve seen a great idea that you want to copy, now what? Now it’s time to write out a plan for your micro business. The first part to this business plan is the business concept.

In the business concept, you basically want to write out the description of the product or service that you’re going to sell. Then you want to explain what makes your product or service unique.

Finally, you’ll want to write out how you are going to measure success. Is it going to be based on a set number products that you plan on selling, if it’s a product-based business? Or will it be a financial goal? Some students just want experience or to try something. THat’s a good goal, too!

Here’s a video shot in front of a live audience at a workshop I did called, “The Best Micro Business for a Teenager to Start”, at the Cincinnati Home School Convention. In the video, you’ll see an example of a business concept based on a business that Rachel Coker, a teenage author, and her sisters started:

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Starting_small-259x300Interested in writing your own business plan a micro business you plan on starting? You should check out my book titled, Starting a Micro Business. In the book I give you a business plan customized for micro businesses. This customized business plan includes the business concept I explained above, along with two other parts, a Marketing Plan and a Financial Plan. Starting a Micro Business is available for purchase on my website, Amazon, Barnes & Noble, or on Amazon Kindle.

Learn to start a micro business for success today!

Carol Topp, CPA

Summary
Creating a Business Plan for Your Micro Business – Your Business Concept
Title
Creating a Business Plan for Your Micro Business – Your Business Concept
Description

Join Presenters Carol Topp, author of the Micro Business for Teens series, and Rachel Coker, teenage author and micro business owner, as they discuss how to take an idea for a micro business and write out a business concept for that idea.

Related posts:

  1. Video: Should You Sell Services or Products – Starting a Micro Business
  2. Creating a Business Plan
  3. Dollars and Sense Show #3: What a business plan can do for your micro business
  4. Video: Should I Start A Micro Business With a Friend?
  5. Video: Getting an Idea for Your Micro Business

Filed Under: Blog, Video Tagged With: Carol Topp, Marketing, Micro business idea, business plan, entrepreneur, product based business, success, teen business idea

Carol Topp, CPA

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advertising Author business business plan Career exploration Carol Topp customer service debt Dollars and Sense Show entrepreneur how to start a business Ideas internet make money Marketing micro business micro business for teens Micro business idea money PBS plan podcast product based business publishing record keeping running a micro business sales sale tax service based business start a business start a micro business Starting a Micro Business start micro business start up success taxes teen teenage author teenager teenagers teen business teen business idea traditional publishing Ultimate Homeschool Radio Network writing

From a parent

Thank you for your e-book on teen micro businesses. Your valuable experience and wealth of knowledge is vast.

Your presentations at Cincinnati homeschool conferences and sharing with us over the years have benefited us well.

I can hardly believe we are at this point in our life-and here he is a young man ready to try his fortune with the world.

-Mandy S

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