Whether you have a business plan that you follow faithfully or have one collecting dust on the credenza...or need a good, motivating kick in the pants to get one written, have you considered entering a business plan competition? It can be a great way to get your idea in front of folks who can really help get your business off the ground or launched to the next level.
Media exposure during and after the competition and having a reason to engage your customers and email list are valuable benefits of entering, but maybe the most valuable benefit of entering a business plan competition is the exercise it forces you to engage in to develop the best plan possible for your business. Even the so-called losers have a well-thought-out plan to follow that they may never have developed if they hadn't entered.
The New York Times has a recent article, How to Win a Business Plan Competition, that's a good read for starters.
If your business is home-based, you've got through September to enter StartUp Nation's Home-Based 100 competition for this year. This competition has 100 winners and has many categories to submit your entries to. Get started now and pick your category!
- Best Financial Performers
- Most Innovative
- Boomers Back in Business
- Greenest
- Yummiest
- Wackiest
- Savviest in Social Media
- Recession Busters
- Most Slacker Friendly
- Most Glamorous
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