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Rules for writing a business plan. 

Keep your plan short.

To wright a Business plan is the first step   Watch Our Video

There are two reasons for this

  1. First, you want your business plan to be read (and no one is going to read a 100-page or even 40-page business plan).
  2. Second, your business plan should be a tool you use to run and grow your business, something you continue to use and refine over time. An excessively long business plan is a huge hassle to deal with and guarantees that your plan will be relegated to a desk drawer, never to be seen again.

Know your audience.

  • Write your plan using language that your audience will understand.
  • For example, if your company is developing a complex scientific process, but your prospective investors aren’t scientists (and don’t understand all the detailed scientific terminology you want to use), you need to adapt.
Easily write a business-plan   See What Wikipedia Has To Say

Don’t be intimidated.

  • The vast majority of business owners and entrepreneurs aren’t business experts. Just like you, they’re learning as they go and don’t have degrees in business.
  • Writing a business plan may seem like a difficult hurdle, but it doesn’t have to be. If you know your business and are passionate about it, writing a business plan and then leveraging your plan for growth will be not nearly as challenging as you think.
  • And, you don’t have to start with a full, detailed business plan that I’m going to describe here. In fact, it can be much easier to start with a simple, one-page business plan—what we call a Lean Plan—and then come back and build a detailed business plan later.

The following should be included in a business plan…

Please see our next post in 3 days.

Oliver & Kim

#familyinmotion

A good time for the whole family.

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