MILBO, LLC   .  Call us at (205) 543-0645
You know how to start a business concept that you're sure will engage customers and drive profits. So you copy a business plan template out of a book, withdraw some of your savings, and fail within a year. The Small Business Administration reports that half of new businesses fail. In Alabama, over 10,000 businesses bit the dust in 2004 alone.

If you want your business to succeed then you need something to set you apart. You need a strategy. Many businesses fail because their owners were “too good” -- too good at making and serving food, too good at offering financial services, too good at fashion or home health care. They were so good at what they did that they didn't have time to be good at business. They didn't have time to think about the bottom line as much as they should have, to consult with a financial expert as much as they should have, to really put time and thought into a new professionally designed logo.

Sound familiar? To have a successful Birmingham business, you need help from someone who knows Birmingham business. At MILBO LLC, we're good at business, we know why businesses fail, and most importantly, we know how to give you the solid ground you need to be a business, not a statistic. And we're willing to show you what we can do for free. Call today for a free consultation, and make a move toward setting yourself apart.

Whether you're an established business or want to launch a brand new one in Birmingham or anywhere else in Alabama, contact the experienced professionals at MILBO.

Whether you're an aspiring entrepreneur or an established company, you need a great business plan. Having a well thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur.

There are two main purposes for having a great business plan:
  1. To serve as a guide during the lifetime of the business. Just as a builder uses a blueprint to ensure that a building will be structurally sound, a great business plan is a blueprint to your business and will provide you with tools to build a strong viable company.
  2. A business plan is a Requirement if you are planning to seek funding from either banks, financial institutions or investors. It will provide potential lenders or investors with detailed information on all aspects of your company's past, current and future projections. 
  1. Take Inventory - How can you profit from your life experiences, resources and relationships? Seek clarity on the tangible and intangible assets that you can turn into a profitable business.
  2. Listen for Opportunity - The best business opportunities are often disguised as problems. Learn how to conduct primary market research and uncover the "hidden" wealth that's all around you.
  3. Develop a Business Model - Once an opportunity is discovered, how do you best bring it to market? Some models are not sustainable or suffer low-profit margins. Make a careful examination of the revenue and cost drivers for various business models.
  4. Build a Team - You are only as good as your team. Why spend years learning things on your own when you can access the collective wisdom of others? Learn the "do's" and "don'ts" of attracting and retaining a high performance team.
  5. Have a Great Business Plan - Having a well thought-out and organized business plan dramatically increases your odds of succeeding as an entrepreneur.