Books sales continued to strengthen, and we sold foreign rights. A few universities listed the book as required reading, and publishers began approaching us. The need for a business plan became our No.
Fortunately, my husband is a management consultant who creates plans for many of his clients. With his help, we identified three areas that would help us grow in the year ahead:. As we near the end of the year, Becca and I now have a professional website, three writing resource books that have collectively sold nearly 50, copies, and we increased our credibility through speaking engagements, teaching at conferences, and hosting workshops.
In the near future we are looking to create awareness of our books at the collegiate level, rounding out our business plan objectives. Since much of our productivity and growth are a direct result of forming a business plan and sticking to it , I want to share steps you can take to create your own. Imagine your year ahead and what you would like to accomplish as a writer.
Also, choose goals that are within your power to make happen. Read through your list and look for bigger themes. Are there several goals that fit into a similar area of focus, like platform building or writing improvement? Grab some highlighters and group these together.
Then, choose a name or tag line that summarizes each theme or area of focus. Now that your goals are organized into different focus areas themes , step back and look at the big picture.
Based on where you are now, which areas are the highest priority? Likewise, if you are winning notable contests and trusted critique partners are hard-pressed to see how you can improve, likely you should make getting your work in front of agents and editors a priority.
This step involves soul-searching and honesty. To be objective, set emotion aside. Ask yourself hard questions about what your career really needs. If it helps, pretend you are advising a writer friend.
If they were in your shoes, what important things would you suggest they work on to get ahead? Now comes the hard part: Which two areas of focus did you mark as being the most critical?
Pick specific goals that will help you most in these areas. Once you choose a goal, think about the steps you must take to achieve it. For inspiration, look at the highlighted lists you made. Do the same exercise as above and list out tasks action items that must be carried out to achieve this goal. When making these decisions, think carefully about your time. We all have roles and commitments outside of writing, and these things require a lot of energy.
Stick to your plan by setting timelines that fit your schedule. Becca and I chose a seasonal timeline, so we knew which goal to pursue at which time of the year. This helped us meet completion dates. If you are unsure how much time a certain task will require, set a deadline with a fallback date.
A visual helps when it comes to following a business plan. By condensing your plan on one page, it will force you to be succinct in what must be accomplished to meet each goal. You can use a spreadsheet or table to do this Excel, Google spreadsheet, a piece of paper, etc or download this template.
When your spreadsheet is filled out, print and display it where you write. This will remind you of what you should be doing and help you make good use of your time. Once your plan is complete, stick to it. When new opportunities come up, see if they fit your plan. Before you print your business plan, type this statement in bold at the bottom: Angela Ackerman is a writing coach, international speaker, and co-author of the bestselling book, The Emotion Thesaurus: Her books are available in six languages, are sourced by US universities, and are used by novelists, screenwriters, editors, and psychologists around the world.
Angela is also the co-founder of the popular site Writers Helping Writers , as well as One Stop for Writers , an innovative online library built to help writers elevate their storytelling. Find her on Facebook , Twitter , and Instagram. This site uses Akismet to reduce spam. Learn how your comment data is processed. Great post and I love your books Angela. They continue to help me hone my craft. Good step-by-step guide to create an overview of goals and an action plan for writers.
And this is a good time of the year to focus on goals and new beginnings! Thank you so much Jane for having me here today. Thanks so much for the great summary of the shifting writing landscape.
Angela, This is an well-thought-out and doable plan. I love that you included plans to get training where needed as well as being open to traditional and self-publishing. Your post made me remember that I have taken many webinars and workshops over the years. Before I take another one I need to go back and review all the content on marketing, building a platform, etc.
And how nice to be married to a business consultant, right? Thanks for all the tips. So practical and thoughtful! Makes great sense, and I can implement it immediately. I appreciate the clear language and straightforward style in this post as well. Clients collaborate directly with a business plan expert that has experience in investment banking to understand the unique business model of your company. The specialized team at Pro Business Plans is more professional and experienced than any other company.
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Writers who want to turn their writing into a full-time career can easily expand this action plan to include the financial aspects (cash budget including business and personal income and expenses, investment plan, three-year-estimate for business turnover and .
A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of a plan.
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Essential tips and advice on how to write a business plan to grow your business. Video Podcasts Start A Business Subscribe Books. Business Plan Guide» Before Writing Your Plan. A business plan writing service is a team of business experts that take your ideas & numbers, combine it with some of their own research and produce a professional, well-formatted business plan. We looked at the 3 top business plan writing services and compared their features and pricing.