Article Tools:
Let New Software Guide Your Practice to Success
Posted by Laura Calloway :: Chair, ABA TECHSHOW 2009, Alabama Bar Association
November 11, 2008
A business plan is your roadmap to the financial future. A well thought-out business plan demonstrates that you have done the homework necessary to launch your practice or to move forward to the next level.
Business plans can be as simple or as detailed as you wish, but they always contain four essential elements: a general description of your practice, including the legal services you intend to provide and the markets you intend to serve; your financial plan, including a budget detailing anticipated revenues and expenses; your management plan, with a description of how you will set up your office and support the delivery of your legal services; and your marketing plan, showing how you intend to keep existing clients and reach new ones.
For help in drafting a business plan that will move your practice forward, take a look at The Lawyer's Guide to Creating a Business Plan, A Step-By-Step Software Package, 2008 Version, by Linda Pinson.
Based on her award-winning Automating Your Business Plan, this software package has been designed specifically for lawyers so they can make the right decisions for a successful and profitable
business future.
The step by step program assumes that you know nothing about writing a business plan and leads you through the process while it uses spreadsheets to do the calculations for you. It also comes with a PDF version of the book Anatomy of a Business Plan, and is available from LPM Publishing through the ABA's webstore . The LPM Member price is $149.95. Non-Member Price is $179.95. Item code is 511-0528. A bargain at any price.
Business plans can be as simple or as detailed as you wish, but they always contain four essential elements: a general description of your practice, including the legal services you intend to provide and the markets you intend to serve; your financial plan, including a budget detailing anticipated revenues and expenses; your management plan, with a description of how you will set up your office and support the delivery of your legal services; and your marketing plan, showing how you intend to keep existing clients and reach new ones.
For help in drafting a business plan that will move your practice forward, take a look at The Lawyer's Guide to Creating a Business Plan, A Step-By-Step Software Package, 2008 Version, by Linda Pinson.
Based on her award-winning Automating Your Business Plan, this software package has been designed specifically for lawyers so they can make the right decisions for a successful and profitable
business future.
The step by step program assumes that you know nothing about writing a business plan and leads you through the process while it uses spreadsheets to do the calculations for you. It also comes with a PDF version of the book Anatomy of a Business Plan, and is available from LPM Publishing through the ABA's webstore . The LPM Member price is $149.95. Non-Member Price is $179.95. Item code is 511-0528. A bargain at any price.