What Is Your Business Story?

Every business has a story. Afterall that is what sets each business apart and makes them unique. You can look at any two businesses and they will never have the same story. Your business story tells others about what your business looks like, why you do the things you do and how. It tells others all the important things so that they can truly understand your business as you do.

When we start our business, we have this vision in our head. We know what we want to do, how we are going to do it and why. Some take the time to write out a business plan, while others jump in with both feet figuring that they will “wing it” as they go. We spend a lot of time as business owners reading about the importance of business planning and many financiers and investors would never give you money without being able to see a solid business plan. So, if you took the time to write this plan when you started your business, have you ever taken it farther? Do you update your plan as your business changes? Have you written out your policies, your procedures, your BUSINESS STORY?

Your business story should be written in such a format that anyone can read it and step into your shoes. They should know your purpose and your vision, together with the steps necessary to achieve that vision. Here are five key ingredients to include in your business story:

  1. Description of your target market, your niche and the products or services you provide and why. Let the reader get a feel for exactly what your clients look like, act like and desire and what products or services you deliver to fulfill their needs and desires.
  2.  Your visions, goals, hopes and dreams for the future; the exact steps you hope to take your business in to achieve these dreams.
  3. The policies you have put into place to protect your clients, your products and services and most importantly your business reputation.
  4. The procedures you follow each day to achieve those successes including all the behind the scenes tasks, your sales process and your formula for creating the top notch products and services you provide.
  5. Your no-fault, absolute, make everything better, disaster recovery plan, a.k.a. your contingency plans. Those things that you will put into place to make sure that anytime there is a “hiccup” in your business it will go unnoticed by your clients.

Creating your business story is easy you just have to look within your heart and your head and it will almost write itself. Now you just have to set aside the time to write it out. This is important and you won’t realize how important until one day you face that obstacle and say “If only I had written my story!!”

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