What is an operational plan? An operational plan describes the daily operations of the business, such as its location, equipment, people, and processes. The business plan usually touches on these specific topics, but in the operational plan you will want to go into more detail about your business’s location, equipment, inventory, suppliers, etc. In […]
Who are your Customers and Who is your Competition?
Identify the customer groups for your business. Of course, your customer groups depend on whether you plan to sell directly to consumers or if you sell through a channel of distributors, wholesalers, and retailers. In your business plan include your targeted customers, their characteristics, their geographic locations/demographics. For each customer group (you’ll probably […]
Small Business Guide: Marketing Plan
Research, research, research, then develop a marketing plan! Sounds simple enough, right? NO! A lot goes into marketing a business, especially if it’s a new business or if you plan to market a unique product. Researching your business’s market space will enable you to know your intended market and how to appeal to potential […]
Government looking to make Interlocks Mandatory for all DWI convictions
So, I’m writing this blog after having read the following report from a website called “North Carolina Health News,” detailing mandatory interlocks for all DWI convictions. There are several different issues I have with this report, but overall, it is conveying that a task force within the North Carolina Department of Health and Human Services […]
New Laws Concerning Massage Parlors
One of the may changes that came through last year from our legislation was S.L. 2017-151. This law was written to address the abhorrent acts of human trafficking as it relates to “massage parlors.” There have been some recent cases of individuals being arrested for running massage parlors that are, in fact, locations where sex […]
