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All businesses should be built on the foundations of a solid business plan - even those that are home-based. Regardless of location, you'll need to have a business plan if you are going to seek funding. A business plan will also help keep you on track. Using a business plan enables you to refocus your efforts if necessary and fine tune your strategies. With a business plan, you can identify potential problems before they occur and know exactly what steps to take to fix them. The bottom line is that planning helps you to organize all aspects of running a venture, so that you can meet your goals and objectives without getting lost along the way. Remember, your home-based business should be run in the same professional manner as one that is operated away from the home. So make sure you have a business plan that is USED and updated when necessary.

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โˆ™ 2006-06-16 17:56:41
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Q: Do you need to have a business plan for a home-based business?
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