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by Robert R. Stimson (Author)
DIY Business Plan That Works
A Layman's Step By Step Guide From A to Z (Downloadable Template)In the last three decades, I have worked as a business consultant for 27 different small-to midsize start-up companies.
During my tenure with each company, I have learned that the biggest asset of any company is its growth plan, also known as the business plan. I had to get creative each time when creating a business plan for start-ups, as that is the most critical document banks and lenders look at. Most start-ups' first order of business is securing favorable bank financing so they can actually get their business up and running. A business plan is the backbone of your business; it is truly the GPS that navigates you in the right direction. Whether you are applying for a loan for your business or not, every business should have a plan that should be updated periodically to help you stay on track to success. In this book, I show you a simple and easy-to-follow process for creating your own business plan for any business. You don't need to be a writer or a Business major to draft a great business plan; it is not about proficiency in English. Instead, it is all about laying out a simple-to-understand plan for your business's future and how you want to navigate it forward to prosperity. Here are the three most common excuses I hear from entrepreneurs about not creating their business plan. - I am not good at writing- I don't know what to say in the plan
- I am not business savvy enough to write one Five Biggest Myths about the Business Plan - It is a complicated document
- Only a seasoned business writer can write a good business plan
- No one reads it, but you have to do one to get a loan
- A good business plan needs to be 20-30 pages long
- I don't need a loan to start my business, so I don't need a business plan False, false and false, as I am sure you have guessed it, all of them are false. This book shows you the steps to start on the right foot. I take you through all the elements of creating a great business plan that is custom-crafted just for your business. Before you buy this book, I want you to take a look at the Table of Content so you can see what I covered inside this book; you will see topics like: - What is a Business Plan?
- How Critical is a Business plan for your Business
- 5 Reasons You Should Have a Business Plan
- What and How do I write one
- 9 Essential components of a great Business Plan
- Two Best Practices of Business Plan Writing
- Lean vs. Traditional Business Plan
- Example of a Lean Business Plan
- Step by Step instructions to Write a Traditional Business Plan This last part is the most significant part of the book; this is where I show you (with examples) every major and minor detail you need to include in your plan, items like - Cover page
- Executive summary
- Company Description
- Aspects of Service or Product
- Problems you are trying to resolve
- Your Competitive Landscape
- Your Competitive Edge
- All 4 Stages of the Product Life Cycle (PLC)
- Market Analysis
- Evaluation of the Competition
- Marketing & Advertising
- Management Team
- Operating Plan
- Financial Plan (Income statement, Cash Flow, Balance Sheet & Break-Even Point)
- Request for Funding Lastly, I've included a link to a fully Functional and Customizable Business Plan Template that you can download and use. Good Luck.
Number of Pages: 134
Dimensions: 0.29 x 10 x 7 IN
Publication Date: November 11, 2018
