Blog 18

EQ
What is the best way to run a profitable photography studio, whose focus is event and portrait photography? 
 
Answer #3 (Write in a complete sentence like a thesis statement)*
Create and implement an effective and efficient business plan in order to stabilize a clientele.
 
3 details to support the answer (a detail is a fact and an example)
1) There are many different components to consider before even kick starting a business. Ex: Product, Locations, Primary customer, and many others. 

2) Any successful company out there has some type of plan to stay organized. Ex: Google, Apple 

3) Proper planning ahead of time can lead to a higher quality product. Ex: Any project for Ipoly. 
 
The research source (s) to support your details and answer
The source I used was "Importance of a Business Plan" By Daymond John. He is a top entrepreneur and is well known as the CEO of his clothing company FUBU, and also his appearances on the hit TV show introducing up and coming entrepreneurs, Shark Tank. He discussed the importance of planning for your business. Basing his writing on one quote, "Fail to Plan, Plan to Fail."
  
Concluding Sentence
There's more to running a business than just saying you're going to start a business. A business plan is a really good way to start a future career as a entrepreneur, so I want to focus on a business plan for my future business.