Why is a business plan important?

image of newspaper clip for a job advertisement

Do you need a business plan?

When I launched Atomic Dumpling with my business partner, we didn’t have a business plan. Instead, we had an idea checklist and stuck with it. The reality is that we had set up the checklist to think about the things we wanted to do with our side project, which for all intents and purposes, that’s what Atomic Dumpling started as. We didn’t think we needed a business plan until we realized we did need one.  

I know it sounds confusing, but a business plan is essentially a guide. After a few months of working together, we realized that a plan would help us be clear on our mission.  

A business plan takes you along the stops of starting up and running your business from its infancy. Now what makes it a great tool is that this document is continuously updated as your business grows. It communicates succinct information to partners and investors.

Does my business plan need to be long?

Your business plan needs to be long enough to convey important information. What do you consider “important”? That is a question specific to each business if you are writing to interest investors and partners.

Start out by listing a series of questions that will help you determine what style of business plan you need.  

  1. What is your business going to offer as far as products or services?
  2. What are your resources & activities?
  3. What will the cost structures & revenue streams be?
  4. How do you plan to set up your customer relations?
  5. What is your marketing plan & strategy?
  6. Do you have a funding request?
  7. Will you have financial projections for Q1 or A1?

Depending on your answers, you can narrow down how long your plan will be. You can also determine which form of business plan you would like to use. Traditional business plans tend to be longer than a single page, unlike a Lean business plan.  

What are the differences between business plans?

There are two styles of business plans both are well known. The first, aptly, is called the traditional business plan and is sectionally written and typically has multiple pages. The second is called a Lean business plan and is more simplistic.  

You can download free examples of either from the Small Business Administration. You can create either to suit any business need. 

It boils down to your style of writing and what information you feel is important to convey.

 

As always, if you need help or would like a template created to provide a rich context for your business, you can reach out to me at info@atomicdumpling.com.

 

 

 

 

Anna Pilette

Anna Pilette

Owner & Project Director, Atomic Dumpling LLC.

About a million years ago, I was in the Navy. After, I worked for a bunch of companies and eventually realized that their business practices left a lot to be desired. Today, I’m helping small businesses and freelancers avoid mistakes and build their own brands.  You can follow me on TikTok or where.  You can also reach out for help info@atomicdumpling.com

Are your job advertisements doing the job?

image of newspaper clip for a job advertisement

Job Adverts Written to Anyone

Writing a job advertisement seems like it should be a straightforward project, right? Your business needs extra help, you know what you want them to do, so you write a job advertisement for a job board. Viola! You’re interviewing in no time!

While those seem like logical steps, clicking through Indeed and LinkedIn is telling me otherwise. We need to talk, folks. Your job adverts kind of stink now let’s talk about why.

A job ad should be hyper-focused on explaining what the role encompasses and be directly written for the individual you are looking to hire. Again, this seems straightforward, but it isn’t. Most of the jobs that I review are written from a boilerplate template (straight from the job board) and give very little information about the company, role, or who you’re looking for.

What to include

The Basics of Good Job Advertising

What we need is a solid list of information that your business needs to advertise. This is marketing after all, and you want to put your best foot forward. It’s also an exercise in sales. You are selling your company to potential employees to attract their talent. Their talent adds to your business capabilities.

The list first needs basic outlined, think of it as what, why, and where of your business. Then we discuss the who and how.

  1. What does your business do as a whole?
  2. Why does your business need help?
  3. Where will the employee be working?

Let’s start breaking these three points down.  

First, you need to explain in a paragraph the business section you’re hiring for. This provides context to potential employees and hopefully will spark their interest to apply. It also provides a bit more background about the job role that we’ll be getting to. Nothing in this section should be found on your website, the point is to outline the department and the function of that space.

Second, why does your business need the help? Providing a little bit of information helps a potential candidate weigh the role further while rounding out the context for the hire. This is the part where you’re discussing the longevity of the role. Will you be hiring a permanent employee, contract, or temporary? It’s also good to discuss if you’re open to independent contractors.

Third, you’ll need to discuss where a person will be working. Is the role a remote position or in an office?

While almost every job posting lists What, why, and whereas a single word bullet point, you can strive to write better descriptions. Remember, this is an advertisement, the entire point is to market your business and advertise it! Providing a little more detail, in the beginning, is going to save you time down the road.

Yes, You Need to List the Compensation

This brings me to the next part. This is where you lead with how you plan to compensate someone for the role. Compensation is imperative to a job advertisement. I’m not sure why people don’t put details on the ads. And don’t give me “because anyone will apply”. People will apply for jobs if they think they have a shot at getting them. You’re missing the mark if you are not spelling out compensation, including the base payment of salary information. I can tell you that I skipped these job listings routinely because I knew companies that did not list their salaries were out to lowball people.  

Everyone expects the basic compensation package to include medical, dental, and vision. If you’re looking to hire, you need to step up your game and provide a base salary, how much PTO/Sick Time, and the extras you plan to give people. Lay it all out on the line and explain it.  

Totally as a side note, I’ll just tell you to know, that if you give a salary range, everyone will ask for the top of the range. Here’s another freebie for you too, if the compensation you provided is too low, you’d better reevaluate the role.  

The Meat and Potatoes of Job Advertisements

Crack your knuckles cause we’re about to dig into the good stuff. Next, we need to discuss the how what, and who of the job advertising. 

This is the heavily detailed section of information that explains what the job is and who you want doing it.

I guess I need to talk about something that is continuously overlooked in job advertisements. When you write a blanket explanation that anyone can do, then expect anyone to apply. This means you are not advertising to your target audience. Which is a giant waste of time and money.

Breaking this down to basics:

  1. What responsibilities and authorities does the role encompass?
  2. How will a person be completing the role?  
  3. What tools does a person need to know to complete the job functions?
  4. How competent must they be to correctly do the job?
  5. Who is the ideal candidate that you are writing to?

I’d like to point out that while number five on the list is last, this is the theme for the entire job advertisement. “Who is your ideal candidate?” is the reason you’re advertising and that is your target audience. 

Throughout this blog post, I’ve asked you to consider this advertising and sales. This means that the writing you are doing is both technical in nature and persuasive.  

Who you are writing to needs to be considered. Moving forward, you need to provide a detailed outline of their responsibilities and the authority they’ll have in carrying out the role. This means that there’s an expectation for an experience level as a guide with additional competencies that also need to be examined.  

Lastly, how a person is expected to complete the work must be explained. What tools does your company possess? This means providing details for software, hardware, equipment, etc. 

Bringing this information to the forefront narrows the pool of individuals that will feel competent to apply.

To Advertise or To Hope, that is the Question

Ideally, you are looking for a single person in a sea of candidates. How do you want to spend your time? 

Do you want to write a detailed job advertisement and candidate description? Or do you prefer interviewing the applicants to a generic job ad that might get you the right fit? Which is more valuable to you? Should you spend time fleshing out the ideal candidate on paper? Or bringing in multiple candidates for interviews? I know which I’d pick.

If you need help writing job advertisements the right way, feel free to reach out to me. I’ve spent a lot of years as a hiring manager and building competent teams. You can reach me at info@atomicdumpling.com

Anna Pilette

Anna Pilette

Owner & Project Director, Atomic Dumpling LLC.

About a million years ago, I was in the Navy. After, I worked for a bunch of companies and eventually realized that their business practices left a lot to be desired. Today, I’m helping small businesses and freelancers avoid mistakes and build their own brands.  You can follow me on TikTok or where.  You can also reach out for help info@atomicdumpling.com

Using Color For Marketing

color wheel for artistic design

Color Your Message

Color on your website is as important as color anywhere else in life. Color psychological affects (Nordeborn, 2013) how a user perceives your website the moment they land. The use of color in any design is applied with greater scientific understanding because of its effects on people both physiologically and psychologically (Singh N. & Srivastava S.K., 2011), including in marketing.

Color In Marketing

If you’re looking to make your website memorable, it’s partially to do with color. If you’re questioning why the answer is right in front of you. Color is crucial to human memory and moods. Colors themselves have specific attributes that a related to how they make people feel (Importance of colors on your website and brand identity).  

Understand that the colors you choose for your business must be intentional. They also need to work together as far as colors go to bring home the message.

What? It’s Free Web Design! Right?

Let’s talk about the magic of a free website theme template. You’ll see where I’m going here in a second with this tangent. Whether you’re freelance or just getting started with your business, using a free theme is usually an attractive idea because of the value you’re being provided. Free themes that you see use complimentary colors preset from the start. However, those same free theme colors tend to be unremarkable neutral colors that are on purposely designed to fit what the web designer is imagining for use case scenarios. Anyone can use them that’s why they are attractive.

That’s also the rub, they’re unremarkable.  

Part of marketing is brand awareness. It is arguably, the most important aspect of marketing to get people to buy something. Do bland colors make your brand memorable? The answer is a simple ‘no’. This is where the science of color theory along with the application of color usage becomes important, even in those sweet little free themes.

Marketing Through Color

Getting back to the business of being memorable, there are several ways you can apply color science to your website yourself (How to strategically use color in website design) or you can engage us to help you. First, understand your user expectations. What colors will your users expect based on the nature of the brand? Second, define which colors will compliment your message and each other. You can use several free tools to determine color compliment like Adobe Color. Third, and finally, keep it simple. A good pallet can be simple and elegant. 

If you aren’t sure about the application of color, get help! We’re here for you. info@atomicdumpling.com

 

Anna Pilette

Anna Pilette

Owner & Project Director, Atomic Dumpling LLC.

About a million years ago, I was in the Navy. After, I worked for a bunch of companies and eventually realized that their business practices left a lot to be desired. Today, I’m helping small businesses and freelancers avoid mistakes and build their own brands.  You can follow me on TikTok or where.  You can also reach out for help info@atomicdumpling.com