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Company News from SP Home Run Inc.

How to Create an IT Business Plan That Prevents Failures

Posted by SP Home Run Inc. Marketing Team

Nov 4, 2012 11:45:00 AM

SP Home Run Inc. Reveals Crucial Information in Crafting a Successful Plan

How to Start a Computer Consulting Business: 6 Proven Ways to Build Your Initial Client BaseBOCA RATON, FL- A common mistake that new IT entrepreneurs make is thinking that an IT business plan is the same as every other business plan--it’s not. A business plan is a powerful tool which helps a business owner plan a roadmap for their business, but it is also a great tool to help prevent common mistakes that can devastate a business. A business plan is a way for a business owner to protect their investment. Some things to remember when crafting an IT business plan:

Leverage What You Know or Can Learn

  • Identify and potentially solve any problems that may come up with the business.

  • Put together a solid overview of the market to help prevent emotional reactions.

  • Research to find things that may be difficult to secure, especially financing.

  • Study the latest laws and regulations, and ensure that the business will operate within them.

  • Craft a detailed exit strategy in the event that the business is sold or closed.

Protect the Business From the Unknowns

  • Study possible changes in the market and map out steps to be taken.

  • Determine when funds may need to increase or be managed better.

  • Avoid legal issues or costly fees from violations.

  • Stay away from strategies that will waste money and become a detriment to the business.

"The key to a successful IT business plan is to leverage the things you already know against the unknowns of the things that could possibly happen," said Joshua Feinberg, Business Development Director of SP Home Run Inc. "Every business owner needs a well-researched, well-thought-out business plan, which is an insurance of sorts against making costly mistakes that could ruin a business."

Those interested in learning more about IT business plans should also download the free report "How to Start a Computer Consulting Business" at http://www.sphomerun.com/how-to-start-a-computer-consulting-business-v

About SP Home Run Inc.

SP Home Run Inc. helps small business IT service providers get more high-paying, steady B2B clients by providing a suite of proven tools and resources that are available exclusively to SP Home Run Inc. members. The tools and resources focus on IT marketing and targeted lead generation, selling IT services and lead nurturing, IT service contracts, managed computer consulting, IT channel and small business technology, and starting a computer repair business.

The company currently serves clients all over the world. Its client base includes computer consulting businesses, VARs, network integrators, IT solution providers, MSPs, system builders, and computer repair businesses.

More information about SP Home Run Inc. can be found at http://www.sphomerun.com/About-SP-Home-Run-Inc/

For interview opportunities and media requests, please contact:

Joshua Feinberg
Business Development Director
SP Home Run Inc.
Phone: +1 877-587-9580 x7
Email: media (at) sphomerun (dot) com
Twitter: http://twitter.com/#!/sphomerun

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Topics: computer consulting business, SP Home Run