Business Planning

Do you always need a plan for a new consulting business? The short answer is yes.

Even if your venture will start as a bootstrapped one-person show, you need to write out a business plan. Otherwise, you’ll have no roadmap to get from a vetted business idea to your first paying client, and you may lose your bearings chasing too many unrelated opportunities.

The flip side of under-planning for your new venture is overplanning.  You don’t have to nail down every conceivable variable before you start seeking clients.  After a reasonable level of planning, it’s critical to begin working with clients, validating your assumptions, and adjusting.

The resources below provide further guidance on the planning phase of your consulting or professional services venture.

Videos

Shorts

Working with Family and Friends? Keep It Professional

Edge for Consulting Startups: Learning and Certifications

7 Types of Stakeholders for Your Business Plan

Before Taking The Full Time Entrepreneurship Leap, Be Prepared

Will AI Destroy Your Business?

Is It OK to Stay a Solopreneur?

Should I Tell My Spouse Before Starting My Business?

How Much Time Does Starting a Business Require?

Should a Business Owner Know Every Aspect of Their Business?

New Business Is Failing 😱 Should I Quit?

The Remedy for Perfectionists

How to Know Your Strengths & Weaknesses

When to Hire as a Small Business Owner

Pick a Lane

Urgency with Clients

How to Get an Edge Over Competitors

Audit Your Suppliers

Fool Me Twice Shame On… Process Optimization

Tech CEO Hearings: What Entrepreneurs Need to Know

4 Turning Points in Every Entrepreneur’s Life

2 Types of Revenue Models

Service vs. Product Businesses: 3 Major Differences

Can a Services Business Have Intellectual Properties?

The Risks of Starting a Consulting Business

Passive or Active Income?

How to Allocate Resources in a Small Business

5 Criteria to Assess Help

Is Business a Science or Just Luck

How a Wealthy Doctor Burnt $200k (Real Story)

Don’t Hire the Most Qualified Person

How to Hire a Mediocre Employee

Wanna Make Some Quick Cash?

Winning the Lottery

Is that a Side Hustle?

Small Is Better than Nothing

Why Delivering Pizza is Bad For You

How to Wreck Your Career

Industries for a Reliable Revenue Stream

The Difference Between Coaches & Advisors

Why Interview Prep Matters

Robert Kiyosaki on Passive Income

Ditching My Job for Air Jordans

What Life Is About

Business Escalators

Every Business Needs This Person