JEWELRY BUSINESS PLAN
This report (click on the link above or below) began as my answer to a simple RFP by the Self-Employment Assistance Program (SEAP) in Oregon. Available only to the first-time unemployed, their 2-page form was a series of questions. My answers would either allow them to grant me the time to build my business, or refuse it.
I answered the questions in depth.
The SEAP wasn’t used to such specifics. Serena (at the agency) confessed they’d expected the usual “each question answered in less than 10 words.” Such brevity is why most applicants don’t get the okay the first or even second time of applying. Although she didn’t say it, I think that simply “filling in the boxes” shows SEAP that the applicant hasn’t put much thought into his or her business.
My plan’s completeness led them to accept my application the first time I submitted it. Although this is a simple business plan, its creation uses the same methods that I would use in any other business feasibility plan:
- Ask the questions necessary to answer “Why am I starting this business? What is missing that my business will fill?”
My outcome? This business plan rewarded me about $6,000 in earnings in its 5-month lifespan.
It also works when comparing it to writing an RFP put out by any Foundation:
- Compare what the Foundation wants to whether it’s a good fit for your organization
- Research which answers will satisfy the Foundation’s requirements, and keep them within the scope of your organization
- Give complete, detailed replies in the manner the Foundation wants them
Here’s the plan again: