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Issa Asad Says Use These 5 Free and Easy Business Tools

Issa Asad Business Tools

Issa Asad Says Use These 5 Free and Easy Business Tools

Launching a startup for the first time can be a real headache and messy for a novice. It needs to incorporate a potential amount of time, immense hard work and efforts, and obviously the capital (money). Being lucky enough, if you have already satisfied all these rudimentary pre-conditions, then you may face some other problems too.

“It really takes a considerable amount of time to get your products, services, or solutions noticed by the real-time end users,” said Issa Asad Florida based businessman and entrepreneur since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located across South Florida. “The myth is that no one can be famous in an overnight, but, for a new business, you need to gain a respectable position among the stakeholders and customers to make your products profitable in the real market.”

In most of the cases, money plays a very crucial role in each and every aspect of building a startup or a business. But, today, the latest scientific technologies have blessed with some cost-effective and powerful tools to conceptualize, plan, and implement your business. To obtain the key success factor of your startup, Issa Asad says use these 5 free and easy business tools.

1. Business Name Generator

Choosing a right business name is too important and essential — it involves a lot of thoughts, knowledge, and consideration. The business name is your key identity across the numerous users, customers, and clients. Hence if you choose a business name intelligently, it not only fits your business well but also promotes it too. If you are feeling that the process is too complicated, then check this simple yet brilliant tool, Go Spaces Business Name Generator, to create a potentially strong business name to resonate your audience.

2. Business Loan Calculator

After generating the right business name, the next important requirement is to collect enough capital or estimated budget. If you don’t have enough hard cash, applying for a business loan can really help kick-start your startup or grow your business, but it is notably essential to understand what you are getting into before you actually borrow money.

Business Loan Calculator by Designhill.com will give you a perfect idea of how much it will actually cost to apply and take out a loan. This tool will definitely help you to calculate the monthly payments and the associated interest cost of financing your startup. Additionally, you will also have the option to the entire loan amortization schedule.

3. Content Idea Generator

Your website will need some inspiring, engaging, and intelligent content to entice your potential audience, and if you are just stuck for some interesting ideas, then you must use this great tool to generate some awesome, creative, sumptuous contents for your startup. Quickly check Portent Content Idea Generator tool which provides you an optimal solution with catchy, trendy, and original content ideas.

4. Analytics Report

The most fundamental and essential tool that you must have, is analytics software, that tracks and reports on what’s exactly happening on your site round the clock. You can use this data intelligently for ensuring an effective optimization, boosted sales, and improved revenues. TruConversion, a free version software, is the efficient optimization toolkit that provides you to obtain the best analytics, conversion optimization, customer surveys, and micro surveys etc.

5. Legal Agreements Creator

Being a novice, completing and fulfilling various kinds of legal formalities can be pretty troublesome for you. Hiring a legal advisor will cost you a lot. The solution is to use a simple mobile app – Shake, where you can create, sign, and send your vital legal documents easily.

There can be an endless number of tools available on the market, but if you use these 5 free and easy business tools, you will surely experience an immeasurable help and support while building your startup.

Issa Asad Shares 4 Tips to Use LinkedIn for Your Business

Issa Asad LinkedIn

Issa Asad Shares 4 Tips to Use LinkedIn for Your Business

Brand marketing is an important practice for every business. Nowadays, the emergence of internet technology has led to the creation of social media platforms that have large number of user. Popular social media platforms include Instagram, Facebook, and Twitter. Social media provide an enormous market potential to the business owners. Most of the companies have grasped this opportunity and ventured into social media marketing.

However, Issa Asad Florida entrepreneur says that “many people have overlooked LinkedIn as a marketing platform.” Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. “As LinkedIn is not popular as other social media platforms, most people do not know how to market their brands through this platform.”

There are many ways to use your LinkedIn as a brand engagement channel. Here Issa Asad shares 4 tips to use LinkedIn for your business.

1. Listen

Listening is very vital when it comes to marketing your brands through LinkedIn. The rule of thumb is to listen more than you talk. Join many LinkedIn groups and commit yourself as an active participant. After this, you can sit and listen to the ongoing discussions and wait before jumping into the conversations. Joining and LinkedIn group discussions are the perfect way to know the customers’ needs and interests. But how will you be sure that a group discussion is effective? The studies revealed that people who engage in a LinkedIn group discussion get up to four times profile views.

2. Update Your Profile

Since you have many people looking at your profile, it is important to include the accurate and up-to-date information describes you and your business. If you provide false information about yourself, there will be fewer chances of somebody reading your profile from the beginning to the last. Acquire a company LinkedIn page and link it along with other social media platforms so that customers will find you easily. Put a professional photo and relevant content on the profile page. Also, recommendations and endorsements from others is the best way of marketing yourself in LinkedIn. Satisfied customers can be the best ambassadors for your brands.

3. Do Your Homework

It is a fact that changes in an organization can create opportunities. Each day some changes are made in a company somewhere. These changes can give you the chance to offer you help in the event of changes in an organization. Discovering of these changes has been made possible with LinkedIn. You can follow the companies that have LinkedIn pages. In this case, any change will be updated on your LinkedIn page. In fact, this is an easy way for staying updated and spotting new opportunities.

4. Take Your Time

Being patient will help you achieve desired results. If you take your time and wait, it will not take long before you get customers. Moreover, you should use LinkedIn Sales Navigator to help you prioritized leads gathered from the LinkedIn database.

Conclusion

It is undeniable that LinkedIn is a social media platform that has great potential for marketing brands. If the business owners realize the role played LinkedIn, they would be able to achieve significant growth in their business. Moreover, LinkedIn will save you a lot of money that will have been used on other marketing channels.

Issa Asad Shares 7 Tips for a Successful Family Business

Issa Asad Family Business

Issa Asad Shares 7 Tips for a Successful Family Business

Many businesses in the world today are family-owned. Family members can pull together and start a business that will benefit all of them equally. However, it is noteworthy that starting a business with parents, siblings, children, or a spouse can sometimes prove to be more daunting and could present a unique set of challenges over and above the difficulties of a typical startup. It is no wonder, therefore, that of every three family-owned businesses, only one survives to the next generation.

But that is not to spell doom for family businesses. “In fact, a family business, when operated well, can turn out to be very profitable,” said Issa Asad Florida entrepreneur, businessman, and social media expert. Mr. Asad is the CEO of 2 companies in South Florida, including Q Link Wireless and Quadrant Holdings. There are a few basics you’ll need to observe to strike the elusive balance between family and business. Below Issa Asad Shares 7 Tips for a Successful Family Business:

1. Define Boundaries

When engaged in family business, often the line between family and business will blur. Family members can talk about business throughout. However, you ought to understand that mixing home, personal, and business life is going to be harmful- not just to the business, but to the home environment as well. Therefore, it is prudent to limit business discussions to the office and try to refrain from talking about the business at home or in circumstances you should ordinarily be at ease.

2. Come Up with Clear and Regular Channels of Communication

Differences of opinion are inevitable in any organization- and a family business is no exception. Therefore, you will need to come up with means of resolution of any disputes that may arise. You may also consider having weekly meetings where you can gauge the progress of the business, and where you can iron out any differences if any. After all, communication is important in any set up.

3. Assign Roles

Not dividing up roles is a recipe for conflict. Therefore, for peaceful coexistence, you will need to divide up tasks and duties among the family members- to each according to their qualifications. But even after dividing up the roles, it is important that you come together to debate on big decisions affecting the business.

4. Reduce Contractual Relationships to Writing

There is a temptation to run the business ad hoc since you are all family members; however, to avoid any wrangles and misunderstandings in the future, it is proper to write any agreements and contractual obligations down. Shares, duties, compensation, etc. should all be in writing.

5. Employ Expertise

Though it is a family business, it is not wise to employ relations who do not have the requisite skills for any vacancy they seek to fill. Any employment of a relation should be based on what knowledge and skills they bring to the business.

6. Demarcate Clear Management Lines

Family members who got an ownership stake in the business may unfairly reprimand employees, and that may breed resentment. Therefore, it is proper to delineate the management lines so that it is clear who will report to who.

7. Come Up with a Succession Plan

There should be a succession plan clearly spelling out how the business or its assets should devolve in case of anything. The plan needs to be financially sound to the business as well as to the retiring family members.

In conclusion, a family business is an attractive venture, and it has a host of advantages over other kinds of businesses; however, you’ll need to strictly observe the listed basics if your venture is going to succeed.

Issa Asad Explains 3 Up and Coming Entrepreneurs of 2016

Issa Asad New Entrepreneurs

Issa Asad Explains 3 Up and Coming Entrepreneurs of 2016

There was a time when young entrepreneurs were only seen as people who are always bend over their work stations in a basement that has no windows. “However, this assumption has changed today because young entrepreneurs have become trail blazers in matters concerning business innovation,” said Issa Asad Florida social media expert, business man, and entrepreneur. Mr. Asad is the CEO of 2 companies in South Florida, including Q Link Wireless and Quadrant Holdings.

Data collected from the Direct Selling Association showing the most recent figures indicate that entrepreneurs under the age of 25 are now making up 22% of the business industry.

In the UK alone, over 88,000 young entrepreneurs fall into this age range. Correspondingly, the industry has become one of the major mainstream career channels for young people as compared to before, making a 30 percent increase in people who solely rely on direct selling as their main source of income. Here Issa Asad explains 3 up and coming entrepreneurs of 2016.

1. Arran Rice

At a tender age of 17, Arran Rice is the youngest entrepreneur who is still pursuing his A-level studies. This young entrepreneur is the founder and brains behind Wizzed Media which he created when he was very young due to his love for technology. Rice started his journey by experimenting on the web as a leisure pursuit and came up with a couple of websites and YouTube channels in the process.

However he did not see much success in his hobby until November 2015 when he crafted a gaming website that became very popular within a short time. Surprisingly, Arran always thought that age was going to be a huge hindrance for his goals until the start of 2015 when he found out that nobody was bothered by his young age. This was after an advertising company he was working with invited him over for dinner in London and assured him that his age is not an issue.

As a matter of fact, they were excited to meet with their youngest client and after that everyone he worked with was also okay with his age. Back in college, he is just like any other normal student taking IT, business and geography. Arran feels that college has the capability of helping him achieve his goals and doesn’t see the need of going to university since he can’t see the benefit.

2 and 3. Steve Pearce and Sam Coley

Both Steve and Sam are 23 years old and they are the founders of a famous ticketing search engine known as TickX. Sam started his journey as an entrepreneur at the age of 16 when he created a software development business which grew rapidly and before long he was already presenting large contracts. However, age was a slight drawback for him since most potential clients were worried about the fact that he was young and could easily take off to college at any time.

Nevertheless, he was able to contend with this situation by becoming VAT registered, looking as serious as possible, opening an office and also hiring full time employees. On the other hand, Steve feels that the most important thing about being a young entrepreneur is taking in all the knowledge you learn in the process from absolute experience.

He also reveals that starting up young enables you to learn and understand all there is about business and this makes a way for various opportunities and also opens doors which not only gives young entrepreneurs confidence to keep pursuing their goals but also keeps them on their toes.

From his experience, Steve doesn’t feel like age has been a hindrance to the success of their business since the business is steady and they have several business advisors and excellent mentors. The duo feels that there are many advantages of being young entrepreneurs as long as you are open as a book when asking for advice. Another advantage is that young entrepreneurs have all the time to work hard, take more risks and improve their businesses since they have little or no commitments.

The two are proud to have produced something that has never been produced before. They are working on creating a brand that will entice many people and also offer any amount of help required in the day to day life and this is satisfying to both of them.

Issa Asad Genius Tips for Funding Your Business

Issa Asad Business Funding

Issa Asad Genius Tips for Funding Your Business

Technology has made starting a new business much easier than it was years ago. Nowadays, you can just use software programs that can already manage your employees’ payroll. Just years ago, it would have required people to perform this sole task. Let us not forget the fact that these types of programs are very inexpensive!

You can even receive payments anywhere and any time with an online payment system like Xoom and Paypal. If you need help in any of your projects, you can just run off to Fiverr and Upwork and you will find contractors than can provide you with what you need. Yes, it is that efficient!

A few decades ago, start-ups would cost you more or less $2 million to bring it nationwide. “Now you can reach out to the entire planet in just a hundred grand,” exclaimed Issa Asad Florida entrepreneur and businessman since 1996. Mr. Asad is also the CEO of 2 companies in South Florida, including Q Link Wireless and Quadrant Holdings. “However, $100,000 is still serious for seed money.”

This is why we have listed out four tips on how you can best tackle that. Find out reading Issa Asad genius tips for funding your business:

1. Save Up to Put Some Skin in Your Game

It is not advisable for start-up owners like you to rely on outside investors to fund your idea until you have built a solid track record. What most entrepreneurs do is to fund their own projects which means you need to sock away whatever you can and as much as you can starting from now on. It would be virtually impossible for you to find someone who will want to invest on your company unless you have already put in at least $200,000 of your own sweat and equity. If you have seen the TV series Shark Tank, you will notice that the person who gets the funding is the one who is making revenues or has customers lining up before the product.

2. Be Realistic On Your Crowd Support Expectations

If you insist, you can pitch your ideas on crowdfunding sites like Indiegogo and Kickstarter. Most investors would ask for donations to preorder the product/s they would want to create. However, it is not all too easy. Crowdfunding would require you more or less to be a social media savvy. It is because you need to have a strong social media presence and you should have fair amount of followers, typically around 6,000, to be able to make your campaign successful.

If this campaign is dedicated for Coke or Pepsi, the social media guy that runs the campaign can do it in his sleep and it will still be successful. But, if you have no LinkedIn presence then you might as well scratch that idea.

3. Know How Much You Should Save

For most start-up business owners, it would take them at least a year and a half to generate cash. You would need that time allowance to adjust your family life with your upcoming business and you need to do it slowly. You should also have at least 18 WHOLE months of dry sand to survive.

Most financial advisers would tell you to put aside two or three years worth of living expenses. This will help take out financial stress which could very much force you to close your shop prematurely.

4. Be Resourceful

It is not an isolated case wherein just saving up for a couple thousand dollars would last you forever. The answer to this is to look for other sources of income. Take a freelance consulting work or a part time job that could help pay your monthly dues. You can even rent out your spare room on Airbnb!

Issa Asad 4 Tasks Entrepreneurs Should Outsource

Issa Asad Business Outsourcing

Issa Asad 4 Tasks Entrepreneurs Should Outsource

Overheads can easily overwhelm small businesses. However, many entrepreneurs hinder their potential for revenue growth by performing all manner of tasks in order to save a few dollars. This situation can be resolved through strategic outsourcing.

Many business owners avoid outsourcing because of the additional costs involved. But they fail to consider the value of the opportunities and time wasted when they are performing energy-draining tasks that would be best left to other people. Quite simply, they end up saving money but not making money.

“For instance, I could, if I so wished, prepare my own PowerPoint presentations, but this would mean spending double the amount of time as a hugely proficient designer,” said Issa Asad Florida businessman, entrepreneur, social media expert, and author of 4 e-books. Mr. Asad is currently the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida. “In addition, the results of my efforts would only look half as good in the end.”

Therefore, in order to create more time for business growth during in the course of their daily activities, here are Issa Asad 4 tasks entrepreneurs should outsource:

1. Accounting

This is an obvious point, but it is extremely important to highlight it. Accounting is time consuming and also increasingly specialized, particularly in states with high levels of regulation like California. Accountants have an intimate knowledge of the rules and can save you from getting into trouble. They are extremely efficient because they perform the tasks involved every day of their lives.

Rule number one: get a competent bookkeeper for your daily accounting tasks, a first-rate payroll company to manage your paychecks and an excellent CPA to handle your tax accounting.

2. Banking

Apart from the accounting functions in your business, you also need to relate personally with your local bank. Many banks nowadays have staff who are specialists in small-businesses and who can assist you with issues such as cash flow, grants, loans and much more. In order to run a business, you require money and your small business banker can help you in this.

3. Artwork

This includes such elements like letterhead, website art and logos and so on. Everybody imagines they can undertake their own design work. While this is possible, very few can do it properly. You can get exceptionally talented designers on a website like eLance.com who can do all your artworks very cheaply. I had a whole PowerPoint deck done for a major presentation for only $35, and it was superbly done.

4. Social Media

I am a strong supporter of businesses engaging in social media forums such as Twitter and Facebook, but this takes time. Believe me, there is a college student in a marketing class out there that would jump at the chance to work part-time responding to articles and posts, finding people who are connected to link to, posting strategic items and so on. Do not allow the control freak in you to get in the way—outsource this important element.

Issa Asad 3 Steps to Achieve Your Business Dreams

Issa Asad Business Success

Issa Asad 3 Steps to Achieve Your Business Dreams

You have the power to make this year a year of growth and success. You can achieve your personal goals as well as grow your business to make it what you have always dreamed of. However, you should keep in mind the fact that your success depends on your mental attitude and the things you do. Try to dream big.

“Do not give up even when things seem not to go your way,” advised Issa Asad Florida entrepreneur, businessman, and social media expert. Mr. Asad is also the CEO of 2 companies in South Florida, including Q Link Wireless and Quadrant Holdings. “The most important thing that you need is commitment if you want to accomplish your goals this year.”

Have a clear vision of what you want to achieve. Most people fail to achieve their goals because they are vague. Here are Issa Asad 3 steps to achieve your business dreams.

1. Write a Detailed Description

Take your time to write down a detailed description of what you want to happen this year. This includes all the things that you need to make those things happen. Write as much details as possible. Engage all your senses when you are writing down this description. Write down all the changes that you expect. Write down all the things that you are going to do on a daily basis to ensure that you achieve your dream by the end of the year. Don’t forget to write down how much money you are going to make. Explain how you are going to use this money to accomplish your goals. Make sure that you are writing a description that will create a vivid picture in your mind every time you read it.

2. Clarify You Are Committed to Success

Having a clear vision of what you want to achieve by the end of the year is not enough. You have to know exactly why you want to achieve the goals that you have set and you must be fully committed to making your dreams come true. You should be willing to do everything that needs to be done to achieve your goals. Have a clear explanation of what you are going to do with the money that you are going to earn. Know exactly why you have to achieve the goals that you have set. You will have to take massive action to be successful

3. Learn New Skills and Stay Humble

You are probably hungry for success. However, you should not let your hunger prevent you from being humble. Accept the fact that you don’t know all the answers. You should be willing to learn from others, especially from those who have achieved what you want to achieve before. You will learn a lot when you seek mentoring from people who have already achieved what you want to achieve. Even if you have achieved some success, you need more knowledge to be able to move to the next level.

Issa Asad 4 Tips for Extraordinary Business Thinking

Issa Asad Business ThinkingIssa Asad 4 Tips for Extraordinary Business Thinking

You are not what you think you are – you are what you think. Our thoughts and emotions shape our reality. Ever since prehistoric times, only those of us who have been able to transcend conventional thinking have been able to change the world, or at least change their surroundings.

“It’s in human nature to stick to the norms society has instilled into our fragile minds, but it doesn’t have to be that way,” said Issa Asad Florida businessman, entrepreneur, and CEO of Q Link Wireless and Quadrant Holdings. Mr. Asad is also the author of 4 social media marketing and e-commerce marketing e-books. Extraordinary thinking generates extraordinary things and all of this applies to business too. We present you with 4 tips for extraordinary business thinking.

The following are Issa Asad 4 Tips for Extraordinary Business Thinking:

1. Stay Positive

Focusing on the positive, reinforcing positive thinking and channeling positive energy is what makes all the difference. All exceptional thinkers know this. Every day, when we wake up, we choose what to focus on. If you focus on the negative, you will keep feeding that negativity, you will keep reinforcing it and that’s exactly the vicious cycle most businessmen fall in. On the other hand, those who choose to focus on the positive are able to effortlessly eliminate stress, anxiety, and fear of failure, all of which in return leads to success.

2. Eat Healthy

Most people eat just to be able to get through the day and to turn off the feeling of hunger. What you consume is what makes up your brain chemistry. If you eat bad, sugary, unhealthy food your mind will become slow and clouded with meaningless short-term sensory satisfaction. Healthy food is something else. Think of it this way: In business we need to think ahead constantly, that’s why its incredibly important to preserve our health and make sure our minds operate optimally at all times. You don’t want your judgment to become clouded or your thoughts to be scattered all over the place – you want to be sharp, calm, and collected. Healthy food will help you get there.

3. Spend Time Alone

Solitude is underrated. We all lead hectic lives and we are all expected to be at a certain place in a certain time, to meet someone somewhere, to meet deadlines and, of course, to deal with people of all kinds constantly. Being alone allows you to think and reflect. This is another crucial concept when it comes to extraordinary business thinking. Reflecting on the past, realizing your mistakes and making plans for the future is what will enable your business to grow organically, because it will enable you to think of new ideas that wouldn’t otherwise come across your mind.

4. Be Humble and Grateful

The most successful people are the most humble, grounded, and grateful individuals you will ever meet. They have no time to be bitter. They don’t spend their energy on that and they most definitely don’t fall into the trap of feeling vain and superior. Instead, exceptional thinkers stay humble and grateful at all times, for what they have and what they’ve achieved. Humility is the biggest virtue of an exceptional thinker. Humility is what keeps people grounded, clear-minded and focused, therefore humility is what helps businesses grow, transform, and evolve continually.

Issa Asad 3 Innovative Entrepreneurs That Changed the World

Issa Asad Innovative Entrepreneurs

Issa Asad 3 Innovative Entrepreneurs That Changed the World

There have been innumerable successful entrepreneurs in the history of mankind. But for an entrepreneur to leave a mark so major that he is considered a milestone and source of inspiration to most aspiring talents in the field of business, there has to be an awe-inspiring story to back it up.

Being successful is good, but being a trailblazer in the field of entrepreneurship is a whole new level of ball game altogether,” said Issa Asad Florida entrepreneur, author, and businessman since 1996. Mr. Asad is the CEO of Q Link Wireless and Quadrant Holdings, located in South Florida.

Time and again we have witnessed such extraordinary innovators who have not only re-defined business by creating something amazing, but have also changed the way we think and live by setting an example of touching zenith. Let us learn a thing or two about these 3 innovative entrepreneurs who did something so immense that it literally changed the world. This is Issa Asad 3 innovative entrepreneurs that changed the world.

1. Larry Page and Sergey Brin

Larry and Sergey first met in 1995 while doing their PhD in Stanford University and soon collaborated to form their own company Backrub which would eventually become one of the greatest success stories in the field of computers and internet – Google. This revolutionary concept changed the whole scenario of search engines which up until then usually utilized human-curated results. Google was launched publicly in 2004 and the rest as they say – is history!

The tech duo eventually diversified the company which would launch Gmail, Google Glass, Google +, Google Maps etc. in the coming years. Having set immensely high standards, they eventually ventured into robotics, AI industry, life-science, self-driven cars etc. Recently, in 2015 Page and Brin co-founded Alphabet which will act as a parent company to various subsidiaries. Page serves as CEO while Brin serves as the president of Alphabet, which serves as a holding entity to their other landmark achievements, including Google.

2. Henry Ford

There was a time a few decades ago, when automobiles were considered a statement for the very rich and elite only. Born in Michigan, an engineer by profession, Henry Ford dreamt of changing that and after years of perseverance and relentless effort he found success. He wanted to build a car which was sturdy and reliable but would be of much lower cost and would cater to masses and not just classes.

He worked for years planning a cost-efficient assembly line with minimum modification costs and much more efficient production. He brought about changes like conveyor belts and trained special units for each functions. By 1919, Ford was manufacturing more than half the cars running in US and bringing down the prices of cars to as low as $350, Henry Ford re-defined the middle class American dream.

3. Mark Zuckerberg

One of the world’s youngest billionaires, the CEO of Facebook, Mark Zuckerberg is a business mogul who has achieved more in a young age than most people can dream of in a lifetime. Being the co-founder of the most influential social media site was just the stepping stone in his career which has seen more achievements in a short span of time since Facebook went public in 2012.

He has grown his company quietly aggressively in few years and has already spearheaded successfully a few famous acquisitions like Whatsapp, Masquerade, Instagram, Oculus-VR etc. A trailblazer of a kind, Mark Zuckerberg has come a long way from dropping out of Harvard in sophomore year to becoming one of the most influential names with a net worth of over 46 billion dollars.

Issa Asad 5 Explanations Why Your Business Plan Is Terrible

Issa Asad Business PlanningBusiness plans are critical when it comes to leading your company in the right direction. “Without a clear strategy, your startup might not develop to its full potential, and investors will not even consider funding it,” exclaimed Issa Asad Florida businessman and entrepreneur since 1996. Mr. Asad is currently the CEO of Q Link Wireless and Quadrant Holdings.

“If you have already sensed that your company is not growing as much as it should, the reason could be that your business plan is terrible,” said Mr. Asad. If this is also your first entrepreneurial experience, this could explain why you do not know the right way to establish a strong one yet. Here are Issa Asad 5 explanations why your business plan is terrible.

1. Your Business Isn’t Focused

You cannot possibly satisfy everybody’s needs. It is important that you understand this so that you may find an audience to offer your services. Furthermore, to find your future clients means to study their preferences, see what they desire most, and only then to sell them your products. Did you do all of these before writing your business plan? If not, you should begin everything from scratch based on what you have just read.

2. You Don’t Add Relevant Points

If your business plan is stuffed up with details about fundamental matters, it means that your reader will not get anything new out of it. Before you write down the strategy, you should know who that reader is, and what kind of information he needs to understand the purpose and the direction of your startup.

3. You Aren’t Tailoring to Your Market

You cannot expect your business to evolve if you are guilty of providing your customer with plenty of irrelevant information, instead of narrowing down to one market section. You have to be picky and choose only the most essential characteristics of that market as well.

4. Your Finances Aren’t Clear

When it comes to financials, a lot of entrepreneurs have a hard time expressing their estimates. They feel overwhelmed by numbers and language. The best way to deal with this is by replacing the frequent use of numbers with simple words that describe easily what you want to convey to the reader.

5. You Don’t Highlight the Main Goal

You may have followed the tips above, but if your business plan does not have a purpose, it will probably fail at some point. It is important that you state what you want to do with your startup in the future to achieve your goal by breaking it into multiple tasks that you and your team can accomplish gradually.

 

Even if you have the best business plan in the world, it does not mean that it will stay like that. When you gain more experience, and your company grows, you may switch strategies to shape it after the changes on the market. But until then, you should make sure that your initial plan is well built to develop your business properly.