Parvati Magazine December 2013 - Remembrance | Page 30

Business REMEMBER TO PLAN Business M oving through life with ease and joy requires self knowledge, that is, a relaxed understanding of who you are, both your strengths and your weaknesses. It also requires a willingness to cultivate healthy situations in which to grow. Faced with life’s ups and down, we are called again and again to remember who we are and return to a soul directed life for true fulfillment. A business is a living thing, just like a person. It has a personality, a life expectancy, a purpose and a soul. In order for a business to grow and be healthy, its owner needs to understand the ethos of this living entity and respect it accordingly. When developing a business, it can be tough to discern between good ideas and distractions. Faced with tempting offers for quick profit, the promise of shimmering new connections, fabulous projects seeming full of potential, business owners need to remember their objectives, goals, priorities and vision in order to stay on track. That is where a business plan helps owners discern between the necessary and the frivolous. Being without a business plan is like being a small boat on the ocean without a rudder. Ironically and sadly, many business owners don’t take the time to write a proper business plan. Filled with hope, determination and good intentions, these businesses are like a small boat on the open ocean without a rudder, subject to the ebb and flow of the tides, elements and changing winds. Being so vulner- able to external forces is an essential tactical mistake. It is also one of the major reasons that eighty percent of businesses fail in the first two years. To write a solid business plan requires you to know what your business is about. It involves researching market trends, understanding yo W"6??WF?F?'2?6?V&?6VV??p???W"&'&?W'2F?V?G'??0?vV??2???v??r??W"&?6??r?B?f??r6?V ?7G&FVw?F?B??6?VFW2???WF??R?b??W"?&?WF??p??&?V7F?fW2??&Vf?&R??RWB??F??6P???W"?W?B'W6??W72?FV??v?WF?W"??R&R7F'GW6?????"??RF?@??2&VV?????r7G&?FW0?f?"?V'2?F?RW6P??B&V?V?&W"v?B??W ?'W6??W72?2&?WB??B??&P?&?W"'W6??W72???w&?FW"???Rv???&Rv?@???RF?Bf?"?V'2F?6??R?6??6R??B?&?6??vW&?B?f?V?FW"?B4T??b&?6??f?6????@?V?G&W&V?WW&??6?6???2V??vW&VBF??W6?G2?b'W6??W76W2?&?6????2??$???&?WF??r?BV?G&W&V?WW&??7GVF?W2?B$$???66?V?F??r??R?27V?B?V&?GvV?G??V'26?6???r?6??7V?F??r????v??r?B7W?'F??rF??W6?G2?b'W6??W76W2g&???Wr7F'BW2F??7F?fRv??&??VFW'2??f?"??&R??f?&?F?????&?6????V6Rf?6?Bwwr?&?6??f?6????6???