Business lifecycle: baby seed
When you have a great idea for a new business it can be tricky to know what to do first!
My advice is always to start with a basic business plan – this will become your blueprint for growth and will help to keep you on track.
A business plan helps focus your ideas and intentions.
Even if you don’t need funding, a business plan will help you define your goals and stay on track.
A good business plan should include:
- Your basic business concept – what will you offer and to who
- Your strategy and how you intend to implement to fulfil your business goals
- The products and/or services you intend to provide and what makes them unique
- Define who your audience is, it’s size and scope
- How you intend to monetise the business
- Cash flow forecasting and money management
- A brief overview of who is involved in the business, their experience and strengths
- Business ownership structure
- Legal entity structure
- Your financing needs
The size and scope of your plan largely depends on why you are writing it.
If it is simply to set out your intentions and help you stay on track a mini-plan may be all you need, so keep it simple.
If you need a plan to attract funding, make it as detailed as you can.
The more information you include the easier it is for a lender to make the all-important investment decision.
Once you have written your plan, you will be in a better position to make an educated decision whether to progress to the Start-up stage.
If you get past seed, you are well on your way to growing a successful business.
Now is the time to muster all your courage and take the plunge.
Remember – fortune favours the brave!
I love nothing more than to mentor female entrepreneurs at the very start of their journey – it’s where I can have HUGE IMPACT because the systems and strategies I share lead to incredibly solid business foundations. It’s also such a delicate time, and I instil confidence and clarity in all of my clients. If you are ready to take huge action, and want to fast-track your way to a successful business, check out the full details of the mentoring support I provide.
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MEET SALLY ODDYOnline Business Strategist & Soul Aligned Mentor
Sally Oddy is the straight-talking, soul-aligned strategist behind some of the most powerful transformations happening in the online coaching world today.
A former Marketing Director turned globally sought-after mentor, Sally helps established solopreneurs build sustainably profitable businesses that honour their brilliance, fuel their purpose, and create true lifestyle freedom.
She is the creator of The Sticky Business Model® and founder of The Sticky Business Collective, a 5-month business optimisation experience for online experts ready to step out of chaos and into consistency, structure, and scale.
Her revolutionary frameworks - Sticky Systems™, Simple Client Pathway®, Ready Clients Roadmap®, and The Obvious Choice® - are redefining how online expert businesses grow, attract clients, and generate recurring revenue.
Everything Sally teaches is built on this truth:
Your business should work harder than you do.
Known for her rare blend of strategy, energetics, and no-fluff mentorship, Sally is a catalyst for women who are here to lead, expand, and create legacy-level income through their life’s work.
She now lives in Spain with her husband and two cats, building her million-pound business with a laptop, a vision, and a bold belief in what’s possible when women fully own their power.
If you're ready for a business that scales with strategy and soul - you're in the right place!
Find out about how to work with Sally privately in her unique Mentorships or in a supportive group setting in The Prosperous Coach Collective