269, RE: Help! I think my business could be big. How do I do it??|
Posted by lisasgourmet, Wed Feb-14-07 03:51 AM
Ok. Before getting too worked up about this, sit down and write a list of what you want the business to be. Where do you want it to go?
Next, think about how much time it takes you to create X number of candles. In an 8 hour day, how many can you make? If you had to hire someone to help you create them, would you be able to pay them?
How much do your supplies -- including packaging cost? What would they cost if you were purchasing them in larger quantities?
This is the beginning of your business plan.
Then, when you have that done, contact your local small business development center. They can help you take your business to the level you want it to be in. My local SBDC helped me put together a killer business plan that two local banks want to see.
BEST thing? The SBDC is free!