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This plan eliminates wasted resources by focusing on problems, solutions, key metrics and competitive advantages.It essentially serves to get you to start thinking about all commercial aspects of your new business in the same way a thoroughly researched, 30 page document would!

No matter the economic climate, people are always hoping to fall in love, get married and start a family. The Small Business Administration recommends that all business owners compose a plan, including a description of the company’s offerings, market analysis, summary of the business’s organizational structures and an appeal for financial backing.

He's written for numerous publications at the national, state and local level, including newspapers, magazines and websites.

Rush holds a Bachelor of Arts from the University of California, San Diego.

For instance, some online dating websites target a specific niche such as matching through personality, whereas others focus on short-term relationships.

The spectrum of positioning ranges substantially and your business model is likely to fall somewhere on it.