Coaching Tip: A Business Plan Can Help Focus and Set Boundaries
Category: Coaching Secrets (CS387)Originally Submitted on 12/28/2001.
Introduction
If converting a hobby to a business is difficult, a business plan may help.
The Coaching Tip
Sometimes the switch from doing something as a spare-time hobby to doing it as a real business in the home can be difficult, both for the individual and for any family members involved.One aid in solving this problem can be a business plan. Although coaches, and sometimes their clients, may not need the deeply detailed business plan that is required if one is seeking capital, nonetheless the development of a plan helps to focus the mind, clarify goals, and to show clearly where the home/business boundaries may need to be.
Making family members aware of the plan, or even involving them in its development, can also help them to understand that this IS now a business, and needs to be respected accordingly.
About the Submitter
This piece was originally submitted by Diana Robinson, PhD., CCG., Success Strategies Coach, who can be reached at Diana@ChoiceCoach.com, or visited on the web. Diana Robinson wants you to know: Enhancing your life... your way! That's my goal as a coach. For a free half-hour coaching call and/or to request free e-zines, please visit me at www.ChoiceCoach.com.
Copyright 97, 98, 99, 00, 2001 CoachVille
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