{"id":3956,"date":"2010-11-18T17:32:49","date_gmt":"2010-11-18T22:32:49","guid":{"rendered":"https:\/\/futurpreneur.ca\/?p=3956"},"modified":"2024-02-09T12:05:58","modified_gmt":"2024-02-09T17:05:58","slug":"guest-post-the-five-pillars-of-success-in-the-foundation-of-every-new-business-5","status":"publish","type":"post","link":"https:\/\/futurpreneur.ca\/fr\/blog\/guest-post-the-five-pillars-of-success-in-the-foundation-of-every-new-business-5\/","title":{"rendered":"Guest Post: The Five Pillars of Success in the Foundation of Every New Business #5"},"content":{"rendered":"<p><em>Today\u2019s post is the final instalment of a five-part series by guest <\/em><em>blogger Alex Papa, a publisher, social entrepreneur and investor based in the U.K.<\/em><\/p>\n<p>Every day, new businesses open their doors with the hope of turning over a profit. People of all backgrounds invest into their dreams of running a successful business and acquiring wealth. But the stark reality is that some of these businesses will close before turning a profit.<\/p>\n<p>The success of an entrepreneur in new business start-ups can never be guaranteed. But certain underlying pillars can distinguish a successful business from the one destined to collapse.<\/p>\n<p><strong>Pillar Five: A Sound Business Plan<\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<p>A business plan identifies the nature of your business and presents a detailed written plan on how each function will be managed. A business plan also provides you with a map that will direct the overall activities of your business.<\/p>\n<p>Another important benefit is that it serves as a point of reference to potential investors. \u00a0A comprehensive business plan is one of the requirements for CYBF\u2019s programs.<\/p>\n<p>These five pillars (<strong>Entrepreneurial Prowess<\/strong>, <strong>Strong Business Skills<\/strong>, <strong>Access to Resources<\/strong>, <strong>Comprehensive Feasibility Study<\/strong> and a <strong>Sound Business Plan<\/strong>)<strong> <\/strong>identify individual characteristics as well as practical aspects that are essential to every business start-up. By following these five easy steps, you can build the entrepreneurial foundation you need to ensure your new business is a successful one.<\/p>\n<p><em>Alex Papa is a publisher, social entrepreneur and investor. He often mentors new business owners and speaks in seminars around the world showing people how to <a href=\"http:\/\/businessopportunitiesexpo.com\/\">find ideas for small businesses<\/a>. He also writes about Internet Security solutions at the  blog.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s post is the final instalment of a five-part series by guest blogger Alex Papa, a publisher, social entrepreneur and investor based in the U.K. Every day, new businesses open their doors with the hope of turning over a profit. People of all backgrounds invest into their dreams of running a successful business and acquiring [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,19],"tags":[],"class_list":["post-3956","post","type-post","status-publish","format-standard","hentry","category-entrepreneuriat","category-futurpreneurs-et-partenaires"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/posts\/3956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/comments?post=3956"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/posts\/3956\/revisions"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/media?parent=3956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/categories?post=3956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futurpreneur.ca\/fr\/wp-json\/wp\/v2\/tags?post=3956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}