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Business Communications Research Paper

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Business Plans: Implementing and Designing

Professor Laura Alderson
MGMT 3510-001
University of Memphis

By
Keara Collins
1 April 2014

Business Plans: Implementing and Designing
Each and every day Americans are striving to become more independent in the business world. Being a business owner is very exciting, but it requires knowledge, work, skills and maintenance. One of the best ways to design and implement a business plan is to write the vision and do the research. There are procedures on how to keep a business effective (Covey 1989). Research and knowledge helps to ensure the companies stability and longevity.
Behind the Scenes Work The creation of a successful business will always take time, research, and work. There are many available resources to potential business owners. One of the most important aspects to starting a business is putting in the work to start the business, and keep the business. Successful businesses are not given to those who lay idle but to those who change their perception and work for end results (Covey et al.,1989). People must be willing invest the time and money into the business. Research past business successes and failures of similar businesses and take notes.
The greatest leaders were once followers (Maxwell 10/02/2012). Skill is required when starting a business, skills are essential because it shows an area of specialty that the business owner has and a great amount of knowledge in that area. Sacrifices have to be made when implementing a business, because it requires much time and dedication. A business will not be successful without putting in the work that goes into it. Finally, with the knowledge and training that a person has gained from research, they can effectively design the vision of their business.
Write the Vision Creating a vision for a business is always good because it shows the path that

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