Owning your own business is a dream for many and can launch you into great success. The first step to making your vision a reality is to create a business plan.

The purpose of a business plan is to help you understand the mission of the company, the financial needs of your potential business and even the structure of your new business. You may think you do not need a business plan but understand that assumption is incorrect, many legal services, financial advisers, investors and possible business mentors will want to see a business plan.

You may ask yourself, “ What is a business plan exactly?”  This a valid and valuable question.  A business plan is basically a description regarding the future of your business; what you are going to do with your business and how your are going to make it happen.

Another question, “ What sort of information do I put in a business plan?”  should be weighed.

Http://top7business.com/ gives a list of the top seven things you need to include in your business plan.

1.  A Mission Statement. This is a statement to let individuals know the values of your company and its purpose.

2.  A Business Description. This a detailed description of what your business does, what you sell or service you provide.

3. Short-term and Long-term Goals. Short-term goals usually cover a few months to one year of business. Long-term goals generally span three to five years of business.

4. Potential Customer Base. Who are your customers and what will they buy from you?

5. Competition Analysis. This will allow you to research your competition and analyze whether your can make your business a success.

6. Financial Analysis. This will help you to gain a realistic view of what you can afford and how much money you will be spending per month.

7. Marketing Strategy. This gives you the opportunity to find where you need to advertise and the types of advertising will suit your business needs.

Owning your own business can be the key to your future success. To make it successful, you must have a solid business plan.

Community Gardens, It’s A Good Thing

According to a report by the U.S. Department of Agriculture, 49 million people in the United States lived in households that barely have enough to eat and around 16 million are children. While yes, most of us are obese, others do not know where their next meal may come from. 

There is real trend climbing higher and higher to help those in need. They are called Community Gardens and crowdfunding plays an extremely big role in financing these much needed gardens. Imagine sitting at the table with nothing more than a mere piece a bread, possibly some peanut butter, and not much else.

The worst part may be not knowing where the next piece of bread is coming from. Sound extreme? It is not as so many families today struggle to make it day to day. Where are the fresh fruits and vegetables that our bodies need so badly to stay healthy? Sure, there are government funded programs available but Continue reading

Crowdfunding Drug Research?

i2f test tubeHot off the press from The Wall Street Journal, Can Crowdfunding Jumpstart Early Stage Drug Research? Movie stars and musicians have used crowd funding to finance projects. So have any number of start-up businesses and non-profit organizations. But can crowd funding become a successful tool for underwriting very early-stage research for new drugs or diagnostic tests? This is a good read by Ed Silverman

A new study suggests that researchers should Continue reading

Crowdfunding 101

photo credit Google+ CommunityCrowdfunding is the financial support from backers or the “crowd” in order to help fund a new initiative. The initiative that needs supporting can be from a vast array of areas. Typically, these initiatives are: non-profit organizations, political campaigns, charitable causes, helping to commercialize a new product or simply to help start-up a new business or company. There are many different types of crowdfunding, but the two most commonly used are: Continue reading

How To Get Funding

I2F captionsAre you an entrepreneur, small business owner, or inventor looking to find enough capital to launch that fantastic idea or product? Input 2 Funding is here to help you get the funding you need and we will be with you every step of the way.

There are many methods one uses when trying to get a product, business or project started, usually by Continue reading

Connect The Dots

Social media is changing and advancing at a rapid pace. Apart from its many other benefits, it is changing the ways you raise capital. Connecting the Dots offers crowdfunding, a practice which allows individuals to raise funds from the people for a common cause, project, product or service. It is usually done via internet. Crowdfunding involves project initiators, investors and a platform, typically a website which connects the two parties. Several crowdfunding platforms are available where consumers can  safely ask for or donate money. Each site has its own policies but the general concept is the same across the board. Continue reading

The Band Of Brands

Crowdfunding has been around for quite some time. It started simply and has evolved into something much greater. Now name brands are marching in like a band in a parade. 

Movie stars like Tom Hanks and Kristin Bell took advantage of what crowdfunding has to offer in order to raise funds to produce movies.

The owner of the Palm Springs Hard Rock Hotel needed to raise 1.5 million, within just a few days he had raised $500,000.

Colleges like UCLA also used crowdfunding to get the means to  fund research.

Who new a diverse world would utilize the effectiveness of crowdfunding.