4 Plans You Must Have for Your Business

[Bill Ayers]

These plans must all be present for you to begin, grow and prosper within a business. Do you have everything in place? Probably not. I don’t always. Reminding myself of these steps is part of my ongoing support.



Think about it before you need it. If you don’t understand a step get help from someone that does. None of the steps can be skipped.



1. Survival Plan
a. How will YOU pay your own bills? Must be present for anything else to work
i. The business has it’s own pace that you cannot force
b. Pay your bills
i. Figure out your budget – Know the numbers
1. If you can’t do this you can’t run a business

2. Security Plan/retirement
a. What is in place so if everything else implodes you will still be able to retire at 65?
b. So you don’t have to feel “This is all I have. I have to make it work”.

3. Excess Cash Plan
a. What will you do with the cash that the business generates?
b.Buys what you want
c. Feeds/assists the Wealth Plan with cash

4. Wealth Plan
a. Buying/Creating assets that pay for the lifestyle you want.

Have Fun - Be Free

Bill