How to Be a Successful Business Woman in Today's World

Women can do business with as much success as men can. In fact, in many cases, women are better suited for certain ventures than men are. For example, all businesses that involve much direct contact with partners, clients, and even employees can be fit for women, since they typically tend to be more receptive and patient than men are. Still, not every woman can be a successful business woman

Create An Easy & Fast Small Business Plan

Every business needs a business plan - no matter how small!

What information needs to be in your business plan? What is the order of information that will make the most sense to lenders and investors? You can answer these questions with the business plan outlines provided below.

What are the standard elements of a business plan? If you do need a standard business plan to seek funding — as opposed to a plan-as-you-go approach for running your business, which I describe below — there are predictable contents of a standard business plan outline.

For example, a business plan normally starts with an Executive Summary, which should be concise and interesting. People almost always expect to see sections covering the Company, the Market, the Product, the Management Team, Strategy, Implementation, and Financial Analysis. The precise business plan format can vary.

Is the order important? If you have the main components, the order doesn’t matter that much, but here’s the sequence I suggest for a business plan. I have provided two outlines, one simple and the other more detailed.

Simple Business Plan Outline

1. Executive Summary: Write this last. It’s just a page or two of highlights.
2. Company Description: Legal establishment, history, start-up plans, etc.
3. Product or Service: Describe what you’re selling. Focus on customer benefits.
4. Market Analysis: You need to know your market, customer needs, where they are, how to reach them, etc.
5. Strategy and Implementation: Be specific. Include management responsibilities with dates and budgets. Make sure you can track results.
6. Web Plan Summary: For e-commerce, include discussion of website, development costs, operations, sales and marketing strategies.
7. Management Team: Describe the organization and the key management team members.
8. Financial Analysis: Make sure to include at the very least your projected Profit and Loss and Cash Flow tables.

Build your plan, then organize it. I don’t recommend developing the plan in the same order you present it as a finished document. For example, although the Executive Summary obviously comes as the first section of a business plan, I recommend writing it after everything else is done. It will appear first, but you write it last.

Standard tables and charts

There are also some business tables and charts that are normally expected in a standard business plan.

Cash flow is the single most important numerical analysis in a plan, and should never be missing. Most plans will also have Sales Forecast and Profit and Loss statements. I believe they should also have separate Personnel listings, projected Balance Sheet, projected Business Ratios, and Market Analysis tables.

I also believe that every plan should include bar charts and pie charts to illustrate the numbers.

Expanded business plan outline

Here’s an expanded full business plan outline, with details you might want to include in your own business plan.

1.0 Executive Summary
1.1 Objectives
1.2 Mission
1.3 Keys to Success

2.0 Company Summary
2.1 Company Ownership
2.2 Company History (for ongoing companies) or Start-up Plan (for new companies)
2.3 Company Locations and Facilities

3.0 Products and Services
3.1 Product and Service Description
3.2 Competitive Comparison
3.3 Sales Literature
3.4 Sourcing and Fulfillment
3.5 Technology
3.6 Future Products and Services

4.0 Market Analysis Summary
4.1 Market Segmentation
4.2 Target Market Segment Strategy
4.2.1 Market Needs
4.2.2 Market Trends
4.2.3 Market Growth
4.3 Industry Analysis
4.3.1 Industry Participants
4.3.2 Distribution Patterns
4.3.3 Competition and Buying Patterns
4.3.4 Main Competitors

5.0 Strategy and Implementation Summary
5.1 Strategy Pyramids
5.2 Value Proposition
5.3 Competitive Edge
5.4 Marketing Strategy
5.4.1 Positioning Statements
5.4.2 Pricing Strategy
5.4.3 Promotion Strategy
5.4.4 Distribution Patterns
5.4.5 Marketing Programs
5.5 Sales Strategy
5.5.1 Sales Forecast
5.5.2 Sales Programs
5.6 Strategic Alliances
5.7 Milestones

6.0 Web Plan Summary
6.1 Website Marketing Strategy
6.2 Development Requirements

7.0 Management Summary
7.1 Organizational Structure
7.2 Management Team
7.3 Management Team Gaps
7.4 Personnel Plan

8.0 Financial Plan
8.1 Important Assumptions
8.2 Key Financial Indicators
8.3 Break-even Analysis
8.4 Projected Profit and Loss
8.5 Projected Cash Flow
8.6 Projected Balance Sheet
8.7 Business Ratios
8.8 Long-term Plan

Business plan outline advice

Size your business plan to fit your business. Remember that your business plan should be only as big as what you need to run your business. While everybody should have planning to help run a business, not everyone needs to develop a complete formal business plan suitable for submitting to a potential investor, or bank, or venture contest. So don’t include outline points just because they are on a big list somewhere, or on this list, unless you’re developing a standard business plan that you’ll be showing to somebody else who expects a standard business plan.

If you need help with your Website Design, Social Media Marketing and Business Strategy - give us a call (800) 596-6218!

How Has Technology Improved Education?

Teaching and learning have taken on a whole new dimension due to the major impact of technology in schools. Teachers now have a medium to communicate effectively with one another and share ideas to better their teaching skills. They now have a pool of endless resources they can utilize to offer students the assistance they need to develop their ability and advance. The computer has improved education in many ways. There is now the reduced use of paper, which plays a role in environmental conservation. This positively supports what teachers are trying to instill in their pupils; it is important to preserve the natural environment and take care of our surroundings. There is no better way to do it than putting a stop to cutting down trees.

Other notable areas of improvements as a result of technology are;

- Information on different subject matter is readily accessible. This is not only beneficial to teachers, but students as well. There is no limit to the knowledge one can attain from the internet. What's more, the material available is diverse since it's presented by people from different parts of the world. This opens up a student's viewpoint and allows for fresh, new ideas to arise.

- There is a lot of software that schools can use to create far more interesting presentations and programs. Students can use the software on projects thus they have a way to express their tasks effectively and in detail.

- Technology has helped do away with distance and time restrictions. Online education has opened numerous possibilities for students and teachers alike. You can now school or teach from anywhere in the world. Many online schools are accredited and registered with the necessary government bodies. This means that every individual interested in acquiring a higher education has the opportunity to do so now. Many people who have jobs also have the chance to pursue further studies without giving up their careers.

- The introduction of schools online has made education more enjoyable and achievable. Because this allows a visual and audio mode of communicating, everyone can share ideas, knowledge, as well as information and make others the better for it.

Through technology, education has been transformed. Learning and teaching has become more interactive. It has also done away with barriers as knowledge can now be shared across borders. Different cultures can now openly appreciate one another as they learn the various ways of life. Technology has undoubtedly improved the scope of education and through this there will be more technological advancements. Thus, technology and education are correlated; they work together to develop each other.

How Do You Educate Your Special Needs Child for the Real World When they Grow Up?

Educating your special-needs child is extremely important, if they are to ever grow up and participate in the real world. There are many learning disabilities that children will grow out of, and they will be able to overcome in order to live normal lives, active lives, and participate fine in society. Of course, there are some things which are almost impossible to predict, which just goes to prove that your special-needs child's education never really stops.

The other day I was discussing this with a very nice couple whose special need teen was not really cut out to go to college, and they didn't graduate HS in the regular class, nevertheless they got the appropriate education for their particular child, and they would have to continually work with their offspring to prepare them for the real world. Luckily, there are other social services available to help them through this process, but life will always be somewhat of a challenge.

There was an interesting piece not long ago, on FOX News titled; "TSA Admits 'Bad Judgment' After Disabled Man Subjected to Airport Pat-Down" which was published on June 10, 2011. The news segment noted;

"A Detroit father told FOX that the TSA singled out his special-needs son for a pat-down while the family was headed to Disney World. The TSA admitted was a case of bad judgment. The Detroit Metro Airport took his son Drew, 29, and asked him about the padding underneath his pants, which turned out to be adult diapers. Drew, who is severely mentally disabled, had trouble understanding the agents' orders because his family said he has the mental capacity of a 2-year-old."

When the father intervened to explain, the TSA folks said to step back, let them do their job, they knew what they were doing, and not to interfere. Perhaps, you can understand how difficult this was for the family, but it gets back to my main point, and that is; just because your child can understand how to perhaps count money, dress themselves, do limited cooking, and perhaps live on their own, doesn't mean they are prepared for all the things that might occur in their lives.

In this case it turned out to be quite an event, and perhaps a traumatic one for the mentally disabled individual. Maybe the biggest problem here is that many people in our society do not understand how tough it is, but maybe some good will come out of this story in the news, and remind us all, that these special needs folks are also members of our society, and we need to look out for them as well. Indeed I hope you will please consider all this and think on it.

Indelible Launch Inside Scoopage

A group of twenty five independently published authors have all banded together to support each other and get the word out about great indie publishing books and authors.

And guess what? We launch on Monday, January 9th. yay!

Who are we? "We are fun fierce and fabulous indie authors making a mark on readers."

Here's a sneak peek of what we have in store for you:

• A Kindle Fire Contest 
• Blog Hops with tons of giveaways and prizes
• A chat for bloggers to talk about books and give prizes away - just to thank our blogger buddies for their support and everything they do for books on their own time.
• A chat for writers and authors to discuss self publishing and indie publishing.
• And much more. Maybe even cupcakes!

Sound too good to be true? It's not. 

Come back Monday for the fun and schedule of events.

Meanwhile. to get a head start on the Kindle Fire Contest - you can simply FOLLOW this blog and our twitter page for more inside scoop.

Hope to see you all Monday! It will be Fun, Fierce, and Fabulous Day.

Three Ways of Trading

It's my number "3" again.


Whether you want to be CP in Discretionary, Hybrid or Fully Auto trading, there are challenges and achievements. However, the challenges and achievements are different in each case and a trader should, IMO, choose which road to go down on the basis of his own DNA, financial considerations and expertise.


Whichever you want to do, takes time to learn, just like going to university for any other profession. Doctors can take 10 years to get the needed skills. There is the famous 10,000 hours concept of achieving mastery.


Certainly, learning to do all this by myself did take at least 10,000 hours for mastery as a discretionary trader.


However, there are shorter roads. Specialization!


As a discretionary trader, one can find a single trading picture and gain mastery over that one particular setup. If mastery takes X amounts of time, specializing could take as little as 1/10th X.


If you become a hybrid trader and automate your entries then the time could be less, say, 1/20th X.


Going fully auto could reduce the time to, say, 1/35th X.


Of course the starting point for all of this is learning the basics of trading. I'll go deeper into each in the days to come.


The Euro was the flavour of the day. I had a little later start as I'm still sore from skiing over the holidays. Kiki was here and the daughter of a friend of Mrs EL and we had great weather and skiing. I'm about 20 minutes from a great ski area with miles of pistes.


Back to the Euro, all I had to do was pick my sell spots. It never looked like changing trend. And watching the trend is what it's all about.

It's a Whole New World

Happy New Year Everyone!


It's a whole new world. Yes it is. We are still transitioning into what will become the new global financial and economic system.


We are currently in a world of uncertainty. No jobs are secure. No currency is safe. No investment is for the long term. Anything can change.


Jobs have been exported from the first and second world to the third world. The third world is trying hard to become the first world and looks to be on the way to succeeding. What happens to the first world is still to be decided.


We are in a world where all the banks went broke and had to be reinflated by governments. Places where we keep our wealth were allowed to become the customers at great casinos where the bank employees could gamble and if they won then received huge bonuses and when they lost, the loss was ours. Banks are places where we put our savings-our super mattress. Banks are places where the combined savings are lent to customers whose security is beyond reproach. Our savings should not be allowed to be gambled by the bankers on their own speculations.


The transition will continue until governments "get it". In the mean time, buy and hold investors carry all the risk. We day traders continue to milk the cow, day by day. The same cow that the bankers almost killed. Long term has become a week.


In 2012 this blog will continue its course of trying to bring Consistent Profitability to all. Since it started I have taught, mentored and helped several hundred people, many of whom went on to become traders or become more profitable traders. These were people who both attended formal training by seminar, webinar or DVD and people who read the blog and asked questions.


Those of you who have become traders, congratulations! I believe I have proved the hypothesis I made when I started this blog, teaching my daughter how to trade, that anyone can become CP. So many of you have!


After working with hundreds of people trying to become CP, I know that if someone has a back tested and forward walked CP trading plan, they can be CP as long as they are properly capitalized and trade within that capital. 


This year we will concentrate on getting people to CP. If you are not CP, go back to the beginning of the blog and read. And then read what is to come.

We will be looking at two ways of getting to CP: Discretionary Trading and Fully Automated Trading. Both roads have their own advantages and disadvantages and we will explore them and find solutions to the issues that traders have.


Today's chart is the early DAX trading off a 3.5 point Renko chart. Renko charts are difficult to use in autotrading as the wicks are invisible. It's Flo driving. The first trade was a big loser and the other trades almost made up the loss. This algo has averaged over 4,000 euros profit per contract per month over the last six months with an acceptable draw down. There are losing days. In fact there are lots of losing days with an algo, but if it's robust, 90% of months can be green.