Creating a Business Plan for a Micro Business: Your Marketing Plan
microbusinessforteens.com Join Presenters Carol Topp, author of the Micro Business for Teens series, and Rachel Coker, teenage author and micro business owner, as they discuss how to take an idea for a micro business and write out a the second part of a business plan, the marketing plan. In the video, they explain that in a marketing plan, you want to write out who your potential customers are, how you're going to reach them (online or in-person), and how much will you spend (both in time and money) advertising. Next, you'll want to write out who your competition is, what your competitor's weaknesses are, and how you're going to stand out from them. Finally, you'll want to survey at least 5 different people to ask them what they think about your product or service. For more information about how to start your own micro business and how you can write out your very own business plan, check out Carol Topp's series of books, Micro Business For Teens, available at: MicroBusinessForTeens.com. If this video has helped you, share it with a friend using this link: www.youtube.com/watch?v=25CrMxxUgwI. Be sure to follow Carol Topp on Twitter: twitter.com/CarolTopp "Like Us" on Facebook: www.facebook.com/MicroBusinessForTeens Read more about how to start a micro business for success at: microbusinessforteens.com Find more micro business ideas on our Micro Business Pinterest Board: www.pinterest.com/caroltopp/micro-business-ideas/
