Business Essentials

Your business plan serves as a roadmap for the future.  It describes your reason for going into business, why you are entering into (or continuing) a particular type of practice, your projected income and expenses, how you will market yourself and how your business will be structured.  It requires research, organization and reflection.  However, it doesn’t have to be a daunting task.

Excerpted from Business Essentials – Tips for the Small Firm and Sole Practitioner.

Like other business essentials, the key to successful business planning is to break the process down into a series of steps.  In this month’s issue of the Oregon State Bar Bulletin, we point you toward tools and resources to help you get on track, meet your goals, and create a vision for the future:

Read the full article here.

Copyright 2011 Beverly Michaelis

3 thoughts on “Business Essentials

  1. Beverly, I came across your recap of the Osbar piece in doing research on ‘running a business’ tips for lawyers — great recap on key building blocks for starting a successful legal practice. Young lawyers can really gain value and confidence in a well laid, intentional plan because operating with a business mindset cannot be understated.

  2. Pingback: Running a Successful Law Practice « Oregon Law Practice Management

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