A Simple Plan to Start a Business for New Owners

When starting a new business, it is always helpful to have a plan that will help guide the direction of your business. One of the tools that you can use to develop your plan is a mind map. More details about mind mapping can be found on this website.

• Project Management Tool: MindMeister acquires MindMaker
• Using Mind Mapping for Project Management

Below is a sample mind map that I have created as a way to get started with mind mapping.

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This is a very simple mind map that has three basic branches.

• Branding: ways that you can start “advertising” your business so that people will identify you with your product or service
• Website: develop a frontend that the public will see and a backend for administrators or members
• Revenue: define ways that you can either generate money or spend money for services or products that you business needs to acquire

As a new business owner, it is always helpful to also have a list of things to do that can help keep you on track. In part two of this series, I will cover the basic things that you can do to start your business (part 2: “A simple to do list for new business owners”).

Image credit: Kim Beasley (creator)