Monday, February 23, 2015

From Dream to Reality - Asking YOURSELF Questions Class Five

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CLASS FIVE

You have asked and answered the question and you know what you want.It's now time to do the research or the work. Make a "From Dream to Reality" Plan


from dream to reality ebook

My Question
“How can I have a quilt shop?”

With the Internet research can be pretty quick and easy. Read, go to the library and go to the reference librarian, ask for information in book form on your subject. Read study, LEARN. I needed the latest information in book form on the quilting, fabric, and craft industry.  Take notes, leave nothing to memory. (Use your notebook)

For a business you must understand the laws in your area about licenses, taxes and insurance. Learn it. Not the fun part, but a necessity. Talk with suppliers, get them off the internet and make a phone call, always tell them you are new and have lots of questions, they have products to sale and they will help you. A list of questions always helps with this, email off a few questions to suppliers and adds your name and phone number and they will call you, outline times that are the best for them to call. 

NOTE: Write everything down, with this information you will be able to see your dream better and you will have it always. In mid-2009 we had a water pipe break in our basement, a complete redo, drywall, carpet, everything. The best thing I found (in a plastic tub) my original notebook, a wealth of information, my original plan, it re-energized me.­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­

EXAMPLE :
I broke my business down,

My business is a quilt shop.
Product list
Set up store hours
Grand Opening ideas
A years worth of events
Promotions weekly, monthly, yearly
Idea’s to get my message out.
Work schedules
Employee responsibilities
Personal responsibilities
Lay out a floor plan
Insurance for employees
Insurance for product – liability insurance
This is my Dream to Reality plan


I called on rental space – this one can be hard. And as you will learn later on. Don’t tell too much. You are just inquiring and not renting today, “I maybe wishful thinking.”  Ask questions, let them talk.  And always, call twice, I would call and then I’d have my husband call a couple of days later, to see if we received the same information.

Talk with your area banker about  an SBA loan, this can be a long process and what you will learn, is to save all you can up front. I took a class at the community college, “How to get a SBA loan.” It was one evening and just the handouts were worth the small cost and time of the class.  Area Colleges are a wealth of information, take classes, on writing, photography, and web design. Learn what you need to make your business the best.


1.    Outline your Dream
  1. What – type of business – type vacation – type of wedding
  2. Where- Business in home, on Main Street, a destination wedding, school on campus or on the internet
  3. When – your time line
  4. Money – your budget for each item, employees, training, travel, clothing.
  5. Insurance – Medical- property – liability.
  6. Make the phone calls, do the research, make a 100% smart decision.


EXAMPLE :
“How can I be a stay at home mom?”

Do you want to work from home? Can you?
Size down, pay off all bills
Do the numbers.  What are your weekly costs of going to work? You will need support, not just financially, but you will need a way to keep medical insurance going and put groceries on the table, be realistic. Do the numbers, factor in partners income also.
This 100% a number decision – add and subtract the numbers
Will you like being home? Make a daily list, fill your hours
Go part-time
This is your Dream to Reality plan – START


EXAMPLE :
“How can I do back to school?”

Do your internet research or library research
Talk with area schools – funding – fees
Take one night class, can you do it? Can your family do this? Will your present company help with tuition?
Put together a plan of action, baby sitters for children, budget cost, meal preparation, sounds strange, but everyone still need to eat and you need to read four chapters and do a presentation for the next day.
Have a backup plan. The more organized going in the better
This too has a financial side, you have to eat, pay rent, and buy books
This is your Dream to Reality Plan – START

 QUESTION:

Can my idea move forward?




The Quilt Ladies Store Logo
I am the Author of The Quilt Ladies Book Collection
and Little Quilt Ladies Quilt Patterns


2 comments:

  1. Great info. Thanks so much for sharing with Adorned From Above's Link Party. Look for the new party up tonight.
    Have a great week.
    Debi @ Adorned From Above

    ReplyDelete
  2. Great information, I wish I had this years ago, when I decided to stay home with my children! Thanks for linking up to Awesome Life Friday!

    ReplyDelete

Thank you for taking the time to let me know what you are thinking and for being KIND.

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