get creative and start planing

a plan without a goal is just a wish - Antoine de Saint-Exupery

What is so great about a business plan?  A business plan will help you grow, remain competitive, keep you on track and motivated and will help you achieve your goals.  That is what is so great about a business plan!

 

a business plan will support you when seeking finance

Big or small, new or old, if your business is seeking finance you want to be certain that the banks and other interested parties know why they should invest in your business (and you).  You know that your business is brilliant, you know that your ideas are cutting edge and you know that you can make it work, others don't and they will only risk their money and time if they believe that as well.

 

A well developed business plan:

 

a business plan will keep you on track and your goals in site

Staying on track can be difficult, especially when you have so many new and wonderful ideas that you want to implement.  It can be easy to lose focus.

 

A business plan will give your business direction, naild down your objectives and help you picture your strategies that will be used as you work toward achieving your goals.  A business plan will prepare you to manage those inevitable bumps in the road that you will encounter along the way.  It will also ensure that you able able to use the resources you have and the energy you need in an effective and efficient way.

 

A business paln will:

 

a business plan will keep you in control 

It is important to be able to take a gian step back and have an honest and realistic look at your business and see what is working and what is not.  There is always room for improvement.

 

Don't be afraid to ask other if they have any new ideas or where they think you could be doing things better.  You need to be prepared to listen to the feed back, good and bad.

 

Business planning can seem to take up much of your already limited time and can be mind-boggling, but it should be looked at as an opportunity to put your thoughts and dreams for your business in writing.  For those starting out a business plan will give you the chace to set your goals and miles stones and if you are already up and running in business it will let you see what is working and what is not.

 

It is your business so you should invest time into working toward your future and not worrying about it.

 

Preparing a business plan is an opportunity to:

 

it is great to have a busiess plan but you need to keep it up dated

A business plan should grow and change with the business so it is important that is is updated and remains true to your business vision and ethos.  Successful businesses will review and update their business plan whenever their circumstances.

 

how exciting, let's start putting together a business plan

It is exciting, this is your business, your vision and your oppurtunity to do what you have been talkiong about, so let's do it.

 

Writing a business plan will require dicipline, time and focus but don't let that put you off as the end result will be rewarding and worthwhile.

 

You don't need to have a lenghty and wordy document with charts and spreasheets created by experts (you can do that later if you like and I can show you how).  When starting out this creating a complex business plan can be intimidating and off-putting, knowing ones stuff and putting in on paper is just as important as long as it gives you a clear and concise procerss to follow.

 

a few things to do before you start writing your business plan

Analyse your business idea (be honest)

 

Analys yourself (be brutally honest)

 

a few last minute tips

It is worth getting out there and talking to people who have been there and done that.  Not everyone will share your vision and ethos (and some will tell you not to do it) but they will all have something to contribute that you can learn from.  Find networking events that you can attend, this will ensure you keep your finger on the pulse and stay up to date and give you an oppurtunity to build contacts and promote your business.  You can always learn something.

 

Seek out a mentor or business coach and they can work with you to help you understand the world of business and provide you with skills and support to grow and improve your business.

 

just before you go

 

BusinessPlanTemplate

 

 

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