3 Things Your LNC Business Plan Must Have

Do you have your LNC business plan? Don’t think you can skip this important step because you offer a service instead of physical products. Every business can benefit from a business plan.

Focus

When you create a business plan, you need to focus on the reasons for the business:

• Who do you want to serve?
• What do you want to provide?
• How will you meld all these things together to create a prosperous business?

These are the primary reasons you’re going into business, and they should always be at the forefront of your mind when making decisions.

Something else to focus on is your big dream. How much money do you want to make over the next 5 years? Everyone’s big dream will be different, but you should write it down as part of the plan.

 

The Plan

Think of your business plan as a mountain. Your mission statement is at the base of the mountain while your big dream is at its peak. Everything in between is what you need to plan, and these steps should also be incorporated into a business plan.

Are there any online engagements or online summit opportunities that will expand your reach? Don’t underestimate the value of interacting with others online. It’s a great way to build a sense of community with others. 

 

Action Steps

This is where your planning stages are broken down into smaller, actionable steps. Instead of just saying, “I want to write a book,” break the process down further.

How much time can you dedicate each day to writing? Do you want to self-publish or find a publisher? You’ll need to hire an editor and someone to design the cover.

These are actionable steps that can easily be crossed off your to-do list once completed.

You don’t need to plan 5 years’ worth of action steps at one time. The idea is to plan a year at a time, keeping your focus in mind, so that the action steps become a pathway or a blueprint to your big dreams.

Your written business plan may grow and change over time. However, if you want to take your business seriously, you need a business plan. If you have been in business for a while, it’s not too late to create one.

Your LNC Business plan is a solid foundation in place to grow and scale.

With a business plan, you will remind yourself of the business goals you set.  If you’re off track with your goals, review your business plan and map out the actions you need to take to get back on track.

There are many business plan templates available online. Approach creating your plan with a positive, joyful mindset. This is all about you and your business, so make it something you look forward to.

 

Set up a time to talk with me about how to grow your LNC business. Click on this link to request a call: http://LNC.tips/gethelp – we’ll see if coaching is the solution you need to move forward in 2020. If not now, when?

Pat Iyer is president of The Pat Iyer Group, which develops resources to assist LNCs in obtaining more clients, making more money, and achieving their business goals and dreams.

Pat’s related websites include the LNC business coaching services she offers through LNCAcademy.com, the continuing education provided on LNCEU.com, the podcasts broadcast at podcast.legalnursebusiness.com, and writing tips supplied at patiyer.com.

Get all of Pat’s content in one place by downloading the mobile app, Biz Edu at www.legalnursebusiness.com/bizedu. Watch videos, listen to podcasts, read blogs, watch online courses and training, and more.