Crafting a Killer Business Plan for a Great New Year on The Make Money Mediating Podcast #501

The Make Money Mediating Podcast with Susan Guthrie

Crafting a Killer Business Plan for Dispute Resolution Practices

In this episode of the 'Make Money Mediating' podcast, host Susan Guthrie provides listeners with an in-depth guide on crafting a robust business plan for dispute resolution practices. She emphasizes the importance of specific, measurable, achievable, relevant, and time-bound (SMART) goals. Susan also highlights the booming dispute resolution industry and the scope for expansion it presents. She delves into creating tailored plans, offering unique services and setting realistic financial projections with contingency planning. She also mentions the usage of AI-assisted tools for efficiency. To routinely revise the plan and stay ahead of the curve, she suggests the listeners review and revisit their plan at least yearly so that they can find success and make money mediating!

Episode Markers:

00:00 Introduction and Welcome Back
00:35 The Importance of Business Planning
04:02 The Growth of Dispute Resolution Industry
07:49 Crafting a Killer Business Plan for 2024
20:00 Setting Realistic Goals and Objectives
23:05 Financial Projections for a Solid Future
25:12 Risk Analysis and Contingency Planning
27:55 Pulling it All Together: The Executive Summary
30:49 Conclusion and Future Workshops

Access the podcast transcript

Mentioned in this episode:

LinkedIn Practice Building Tip of the Day Newsletter

The Anatomy of a Great Business Plan

Join Susan for her two upcoming ChatGPT and AI Workshops

https://mostenguthrie.com

****** If you found this episode helpful, please consider leaving a 5-Star Rating and a Review letting us know! Your thoughtful feedback helps the show reach a bigger audience and help more colleagues! *******

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Get the FREE LinkedIn Newsletter from Susan, "Practice Building Tip of the Day: here: https://www.linkedin.com/newsletters/daily-practice-building-tips-6979857568605114368/

Reach out to Susan at [e-mail]

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Book an Hour Coaching Session with Susan: https://calendly.com/susanguthrie/strategy-session-with-susan-guthrie

Websites:

Susan Guthrie: https://www.susaneguthrie.com

Mosten Guthrie Academy: https://mostenguthrie.com

Social Media:

• Susan on Instagram: @susanguthrieesq
• Mosten Guthrie on Instagram: @mostenguthrie
• Make Money Mediating on Instagram: @makemoneymediating

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Meet Our Creator and Host: Susan Guthrie

Nationally recognized as one of the Top Family Law Attorneys and Mediators in the United States, Susan Guthrie has been at the forefront of divorce practice for more than 30 years. After more than 20 years as a name partner in a leading law firm in Connecticut followed by establishing her own boutique Family Law and Mediation practice in 2012, Susan has in the past two years transitioned into one of the leading family, collaborative and mediation trainers in the world and regularly works with and consults with divorce professionals and attorneys in growing and marketing their practice for a happier and healthier life.

In 2020 Susan partnered with mediation legend, Forrest “Woody” Mosten, to create the Mosten Guthrie Academy to provide cutting edge gold-standard trainings for attorneys, mediators and other professionals. The Academy has grown in two years from one 40-Hour training program to a comprehensive curriculum of basic, advanced and specialized trainings and consulting groups for a vast family of dedicated professionals.

As a leading dispute resolution professional, Susan is honored to have been recently elected as Chair Elect of the American Bar Association’s Section of Dispute Resolution and looks forward to serving as the Chair of the Section in the 2024-2025 Bar Year.

Susan is also an internationally renowned expert in online mediation and has been training colleagues and other professionals in the practical and ethical considerations of conducting their mediations online with her innovative programs and webinars for more than two years. To date, more than 25,000 dispute resolution professionals have benefited from her program and she has trained mediators in countries all around the world including programs for the American Bar Association (ABA), the Alternative Dispute Resolution Institute of Canada (ADRIC), and the National Association of Distinguished Neutrals (NADN) among others.

Susan is the award-winning creator and host of one of the top 3 divorce podcasts in the world and one of the top 1.5% of all podcasts worldwide, The Divorce & Beyond Podcast with Susan Guthrie which has more than 5,000,000 listens to date.