Business Plan Training
Use this template to walk through all of the various components of a business plan. In this end, you may have to tweak how you send this to them (especially if they have their own template!), but you’ll rest assured that you have all of the key components.
If you fail to plan, you plan to fail! If you feel that writing a business plan is overwhelming or won’t really help you, you are probably writing the wrong kind of business plan. Before you write, start it right!
What is the plan all about? Convince the reader to keep reading and to be interested in your idea. You need to catch their attention!
Market research is one of the biggest weaknesses of business plan writing. It is either the wrong type of information, too much of one type, and usually completely forgets to test the sale. Avoid these pitfalls!
Your great idea is only a small part of whether your business will fly. It is all about the people – yourself included! You need to prove that you are the best person to be doing what you are pitching.
How will people find out about your business? You need to have a plan to make sure that the right people find out.
How are you going to actually do this? What does the business look like? How will it operate? Do you have all of the pieces of the puzzle in place?
Once you have all of the pieces in place, you need to start moving forward. You need to have specific goals that you are striving to reach.
Understanding your financials is a key part to making better business decisions. How much cash do you have on hand? What are your financial projections for the future? Knowing this will help you grow your business.