Your Guide to Making a Business Plan
task of making a business
plan is simple and yet sophisticated. The business plan is the
your business and it must be able to provide the short
and long term
picture. The concept must present affirmation of where you
together with the proof of where you plan to take the business. Lastly,
should function as a resource tool for your staff members and
management as they
how daunting the task
may look to you, the following golden rules will make the process a
the Business Plan
and crystal clear
plan must consist of
only fundamental information and facts. In-depth explanations will
result in the audience to lose interest.
has to be a logical
cohesiveness in your business plan. The important points and concepts
provide will certainly make more impression if they follow one another
rational sequence. The plan must also be in cohesiveness with your
business mission, vision and core values.
honest about your case.
Tell your story and present your facts as they are.
writing with numbers
Words may be great weapons to prove
but nothing convinces a funder better than numbers and statistics. Be very accurate and aim
to measure and
calibrate wherever you can.
the business plan
way you design your
business plan can certainly help significantly in keeping your reader
our recommendations on
how to lay-out your business plan:
- Describe who you are, and what you do and what sets sets apart form other competitors in the industry.
Provide a short statement of
the goals and objectives.
An unbiased assessment of
the industry/marketplace you propose to get into.
A summary of your key
skills, your expertise, practical experience and your own funds to
A brief outline of the
specific advantages of the product or service
you will provide for your clients.
Briefly describe how are you
going to set up the business. What is your longer-term vision. What are
Describe precisely how much
you are asking and how it will be put to use.
factors to consider
when making a business plan:
your business stakeholders
your goals and objectives
isn’t enough. You need to establish and hold
Related Articles - Making a Business Plan
consider themselves a work in progress
Dr Franklin C. Ashby
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