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Manage A Writing Career

Just how do you manage a writing career?

Well, it begins with acknowledging that you are an entrepreneur and that it is time to run your office as a business.

You are en entrepreneur whether you are a:

• Freelance writer

• Copywriter

• Editor, formatter, cover designer

• Published author

• Spoken word poet

• Assignment writer
 
• Branching out into multiple writing and media genres in order to keep a steady income flow
 
• Have one book that you haven't published yet, but plan to. 


Regardless of where you fit in all of that - you are running a business and before you go any farther it is really important to take a few days to understand your situation with a 5-year business plan. 

The 5-year Business Plan has 2 sections; the first will touch on everything from:

• Financial needs analysis and taxes

• Operations, processes and policies

• Examining future goals or projects 



Understanding these things puts you in a better position going forward, including: 

• Being able to evaluate the current situation including your personal strengths, weaknesses and talents
• Knowing where you are and what you have at your fingertips

• Identifying potential and current challenges
• Understanding tax prep and record keeping processes 

This information is also essential for working on the second part of the 5-year business plan, which involves:

• Contingency Plans 
• Succession Plans
• And an Annual Action Plan 

Business plans will evolve as time goes on, which is why we create 5-year plans that we will re-evaluate periodically.



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