Past, Present, & Future Plans

As a future business owner, I’ve learned a lot from Daymond John and Tim Berry.  My business plan has changed just as my monthly budget.  It seems as the business plan changes, the more solid it becomes. 

Daymond John suggests that we need to learn everything we can about the business in order to plan properly.  I intend to focus my attention on the business of operating a charter school.  I’d like to incorporate a team of research analysts that will scrub the Internet for current trends and hot topics within the charter school industry.  This will allow UARA to not only stay in synch with the industry, but also stay ahead of the competition. 

Tim Berry suggests that cash flow projections are important for a business plan.  I intend to put a balanced focus on cash coming in as well as cash going out of the business.  I would like to implement a financial task force team within UARA that studies the cash flow movement and how to reinvest monies back into UARA.  This will allow UARA a window seat view to the cycle of its money. 

The most important sections of my plan are the overview of the company, the financials and the market strategy.  The overview of UARA will provide an investor with our vision and goals.  Our hope is to express the need of the charter school with much conviction that they’ll be captivated from the beginning.  The financials are going to show each investor that we’re prepared to spend the necessary dollars in order to obtain a return on our investment.  The marketing component will demonstrate that we’ve done the research and are preparing to corner the market in print, social media and technology.  We will highlight the use of social media in order to entice the parents of our student pool.  All three components are equally important, but most of all it comes down to the people executing the business plan.

Keep your fingers crossed…