Take the First Step Toward Success
A Business Plan Guides Your Decisions
No-Bake Peanut Butter Snowballs
A business plan is similar to a road map — it helps you navigate toward the
Inspired by TheFoodieAffair.com
destination of your goals and needs as a business owner. It’s possible to travel without one, but it may increase your odds of losing the path to success. For many small-business owners, a business plan can be an essential and strategic tool to structure, operate, and grow a new business.
This year-round treat is the perfect dessert for any holiday party. Since you don’t need to worry about a hot oven, it’s a great recipe to make with the whole family — including the little ones!
INGREDIENTS • 1 cup powdered sugar • 1/2 cup creamy peanut butter
• 3 tbsp softened butter • 1 lb white chocolate candy coating
The business plan lays the foundation for your new business. It outlines the goals and objectives, information regarding your product or services, marketing strategies, and finances. A solid business plan is the first step toward success and will help you stay focused on your goals and keep you moving if you face any obstacles.
DIRECTIONS 1. Line a cookie sheet with parchment or wax paper. 2. In a medium bowl, combine powdered sugar, peanut butter, and softened butter. Mix until evenly combined. 3. Shape the mixture into 1-inch balls and place them on the lined cookie sheet. Chill in the refrigerator for 30 minutes or until firm. 4. In a microwave-safe bowl, melt white chocolate candy coating in increments of 30 seconds, stirring occasionally until smooth. 5. In the same bowl, use skewers to dip peanut butter balls into the chocolate before placing them on a lined cookie sheet so they can harden. 6. Chill until ready and then serve! INSPIRATION “What you get by achieving your goals is not as important as what you become by achieving your goals.” —Henry David Thoreau
Here are a few ways business plans guide you toward success!
MANAGE YOUR PROGRESS. As a management tool, a business plan will help evaluate your progress and provide insight into aspects of your business that may need attention. The experience you gain as your business grows may necessitate revisions to your business plan as well. It’s important to remember that these plans can and should be modified to accommodate new ideas and strategies! UNCOVER NEW OPPORTUNITIES. Starting a business always involves some trial and error, but as many of you know, you can learn from your failures! You may see your business from a different perspective through all the processes of trying to find what works best for your business. Finding new opportunities through “trial and error” can help businesses thrive and may result in creating new operational milestones for success. CREATE STRATEGIES FOR MARKETING AND SALES. Having marketing strategies in place will help you reach your customers and these strategies are a critical part of your business plan. Cohesive sales and marketing strategies are instrumental in the success or failure of any business, and the exercise of documenting these strategies in a business plan can increase your company’s likelihood of success. It’s important to remember that a business plan will evolve and grow over time as your business does the same. A business does not succeed simply by luck. It takes careful planning and execution of those plans to help give the business the best possible opportunities for success! The business startup lawyers at Douglass & Runger, PLLC, Attorneys at Law, can assist you in getting your business started on a good foot. Call us today at 901-388-5805 to learn more about your legal options when it comes to your small business.
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