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Business Support by Mittie's Business Blog

November 14

My First Video Promo

CHECK IT OUT N YOUTUBE BY CLICKING HERE!

9:37 AM GMT  |  Read comments(0)

November 02

Book Club Meeting in Atlanta
Are you an author or book lover? Then African Americans On The Move Book Club is for you! Network with other authors, and take part in our book discussions. I am proud to announce that I am the president of the NEW Atlanta chapter. I am planning great events and book club meetings...so don't miss out. Before you join the Atlanta chapter you must join on the national level. Please visit Our Official Myspace Page for for information and to sign up!Please join us for our first AAMBC Atlanta Meeting in Jonesboro Georgia on November 16, 2008. We will reveal the first book of the month and you will have the opportunity to purchase the book directly from the author. We will serve FREE wine and refreshments. You MUST be an AAMBC Member. Anyone can join.

9:25 AM GMT  |  Read comments(0)

October 27

BSM is in search of sales agents!
Website design sales agents needed. Although this is a commissioned sales position, all work related expenses will be covered.

PAID training starts Monday November 3rd from the comfort of your home via webinars and teleconferences. You must meet the following requirements:

Over the age of 21
At least 2 years of sales experience. This includes online, direct and telephone sales.
Working home office with Microsoft Word, Powerpoint, Excel.
Able to fax and print
Instant Messenger Capabilities
Unlimited long distance during the day to contact prospects.

We will provide leads and your service sells itself!

Email your resume in the body of an, email to bsmservices@yahoo.com no attachments will be opened.

You may also call 1-800-518-9846. We are open 7 days a week.

9:09 AM GMT  |  Read comments(0)

Why a business plan is so important to have Part 2: The Financial Plan.....

So here I am writing about the financial plan. Let me first start of by saying that I am not trying to scare you, only provide you with cold hard facts.

Investors could really care less about the rest of the business plan. What they care about is the financial projections. How are you going to pay them their money back. If you were loaning someone money would you really care what they did (morally and legally of course) as long as they paid your money back plus the agreed upon interest.? Of course not!

There are 4 things that should be in every business plan:

12 Month Profit and Loss Projection

Remember, this is one of the most important parts of the financial plan. Here you will determine what it required to make your business profitable. You will need to project your sales, cost of product sold, expenses, and profit for one year. You should add a narrative statement explaining in detail how you came up with these figures. And it better be good! To make sure, keep detailed notes during your research.

Projected Cash Flow

This is the heart of your financial plan....how you will maintain enough cash flow to pay your bills. This is where you will explain your start-up expenses, operating expenses and savings. After you're done, keep this around and update it often. This way you won't be in for a surprise later because you didn't create a new plan and follow it.

Opening Day Balance Sheet

A balance sheet is also one of the most important financial statements that your business will need for financial management. A balance sheet shows what items of value are held by your business and what its debts and liabilities are. When liabilities are subtracted from assets, the remainder is owners’ equity.Use a startup expenses and capitalization spreadsheet as a guide to preparing a balance sheet as of opening day. Then detail how you calculated the account balances on your opening day balance sheet. Sound fun right! Thought so.....

And last but not least, is the headache of all financial projections.......the break even analysis! Don't get too excited and rush to it, ....you'll have plenty of time with it.

Break Even Analysis

A break-even analysis predicts the sales volume, at a given price, required to recover total costs. In other words, it’s the sales level that is the dividing line between operating at a loss and operating at a profit.An you have to show it in the form of a graph too.....

Well now that you have very basic information...what are you going to do. I suggest one of two things.

1. You can call me and me and my accountant will take this project off of you hands.....

2. You can sign up for my and write it yourself with my help by visiting our webinar enrollment page
It's up to you...either way I'm here to assist

Mittie Stephens-Lewis
Our Official Website!
1-800-518-9846

8:56 AM GMT  |  Read comments(0)

July 27

BSM News

What's new?

Buisiness Support by Mittie

Business Support by Mittie has made several changes since relocating to the Atlanta area. I would like to thank all of my current clients for your support and prospective clients for your interest. I work very long hours to ensure that the quality of my work is exceptional all while delivering projects promptly.

Sean's Web World

After months of challenges that we overcame, Sean's Web world is now in full swing. Sean is currently accepting new projects for professional websites, Myspace Pages and Ning Network Creation. He will also be resuming his college coursework this fall, so please wish him the best! For more information please visit http://businesssupportbymittie.net/seanswebworld.aspx

Accounting Services by Christopher Strickland

We have welcomed Mr. Christopher Strickland as our professional accountant to the Business Support by Mittie team. Mr. Strickland began his career after graduating from The University of West Georgia, with a Bachelors of Science degree in Accounting in Carrollton, Georgia. Since then he has worked as an accounting assistant for Alert Financial Services and as an Area Manager, with Instant Tax Service.

Mr. Strickland assists BSM with the financial statements for each and every business plan we write. In addition, he is available to provide the following services to our clients:

Accounts Payables
*
Accounts Receivables
*
Payroll
*
Internal Audits
*
Monthly Reconciliations
*
Monthly Closing and General Ledger Management
*
Tax Preparation and Consulting
*
Cash Management
*
Journal Entry
*
Fixed Asset Accounting & Depreciation
*
Monthly Financial Analysis and Reports

Our rates for service vary based upon your needs. For a free 20 minute consultation please call 1-800-518-9846 or send an email to accountingservices@businesssupportbymittie.net

New Website Features!

If you are a current client you may now pay for hours online or service deposits online via Google Checkout. Please visit our website and click on payments to do so. If you do not see your particular project, please call us for an email invoice. We think this option will be best and will save you time!

Please visit our events calendar updated weekly. It is new to the website so please feel free to share your event. Advertising costs include special marketing of this page that will allow you event to be seen by thousands of people.

We have finally added a blog which I have not seemed to have time to do until now. Here we will discuss topics that may help you run your small business. You may also send us links to your blog if it related to business and I will add it for FREE!

To sign-up for our newsletter please visit this link: http://businesssupportbymittie.net/contactus.aspx

5:55 PM GMT | Read comments(0)

July 20

Vendoring Opportunities in Atlanta

Greetings!

Do you own a business in Atlanta and interested in vendor opportunities at upcoming events in your area? If so please send your name, company, and email address to mittiestephens@businesssupportbymittie.net . I will add you to my mailing list and send information no more than once a month.

Thank you and God Bless!

8:20 AM GMT | Read comments(0)

July 19

Are you an aspiring writer?

If so, then Martha Tucker is the one you need to speak with! Her company New Image Writers can possibly assist you in turning your dream into a reality! For more information please visit her blog http://blog.newimagewriters.com for more information!

Thank You!

6:14 PM GMT | Read comments(0)

Why a Business Plan is so important to have!

As many of you know I am a business plan writer and virtual assistant. Writing your business plan is the first and most important step you must take to ensure the success of your business. I have heard many people say "I don't need a business plan...I don't need funding". Obtaining a loan is only one reason why you need a sound business plan.

For starters a business plan forces you to take a realistic look at your idea and business goals. Some ideas are great in your mind, but when put down on paper, you may realize that it was much more than you expected.

Start-up costs versus projected revenues, legal requirements, employee salaries, management, marketing strategies, and the location need to be evaluated prior to starting your business. I have worked with many clients who thought they had a great idea, until they saw the financial projections. Once they realized that their idea did not make sense financially, it was then time to create a new plan of action to make their dream a reality. Sometimes all you need to get going is a new stategy, and a business plan will help you do this.

My favorite section of the business plan is the marketing plan. Why? Because that is what will bring exposure to your business entity needed to meet projected revenues. Without this you are destined to fail. Many people think that the marketing plan means advertising, but it covers so much more including ecomomic factors.

•What is the total size of your market?
•What percent share of the market will you have?
•Current demand in target market.
•Trends in target market—growth trends, trends in consumer preferences, and trends in product development.
•Growth potential and opportunity for a business of your size.
•What barriers to entry do you face in entering this market with your new company? Some typical barriers are:

High capital costs
High production costs
High marketing costs
Consumer acceptance and brand recognition
Training and skills
Unique technology and patents
Shipping costs
How will you overcome theses barriers?

How could the following affect your business?

Changes in technology
Changes in government regulations
Changes in the economy
Changes in your industry

These are important questions to ask yourself before investing any of your time or money. I know this sounds overwhelming, but that's why I am here to help! Contact me today!

6:06 PM GMT | Read comments(1)

Business Support by Mittie's New Blog!

Welcome to the new blog for Business Support by Mittie. Here we will share news and events, new virtual assistants on our team, and highlight businesses that wish to share useful information pertaining to your business.

Now is a great time to start preparing to hire your new virtual assistant. I am sure when the kids go back to school, the demands of a business, family and social life will begin to take a toll on you mentally, physically, and maybe even spritually. Allow our professional team to take care of the small stuff, so that you may have more time o enjoy your family. Staying organized imperative when operating a business, and we handle the tasks that you may not be equipped to deal with.

We wish you the best in business!

Mittie Stephens

5:43 PM GMT | Read comments(0)

Business Support by Mittie

"The First Step Towards Organizing Your Business and Becoming Stress Free"