How Do I Build A Winning Business Plan? – Part 2

Competitor Analysis – Keep it Real

Failure to identify competitors in your business plan is a warning sign to potential investors that either:- you’ve not done enough research; you haven’t acknowledged the competition you face; or that actually the market is not large enough to support any competition. You’re not going to find anyone to invest in your business if the latter is true.

It is much better if you acknowledge realistic strengths and weaknesses of your closest …

Write A Winning Business Plan-The Neatest Trick In The Book

“Writing a business plan” sounds really tough, and it can be. But there are a number of things the smart entrepreneur can do to make it easier.

For instance, justwhatkindofstuffyouthinkgetsreadlikethis? Imagine pages full of that, with virtually no margins, no paragraph breaks, no breathing room. Lenders, investors and angel investors are confronted with piles of business plans like that every day.

Take a breath. Then lure your reader into the plan with snappy headlines…

Writing A Business Plan What Makes A Good One

Writing a business plan can be a lot of hard work or it can be great fun. An effective plan can help your company to greatness. A poor one can lead you out of business. No plan is like asking to fail before you even start.

Not every business needs a 200 page bound business plan. However every business needs to have some idea of where they want to go and how they are going to get there. This article covers some key insights into writing a business plan that get your busine…

Your Business Plan: 9 Places To Look For A Great Opening Line

There it is. That blank screen with the little blinking line. And everything sounds so mundane.

Jake’s Bakery will serve the best cakes in the county. (Yawn.)
I researched the industry and found that it is fail-proof. (Yawn.)
We came together to form a really good business. (Yawn.)

It’s kind of like, “Hey, what’s your sign?” Everybody knows why everybody is here, but can’t I come up with a better opening line?

Even the most prolific writers get blank screen-itis. T…

Start with the end in mind

Starting and managing a business is overwhelming, especially for the uninitiated. Discover a simple and do-able plan that will help you achieve your business goals and dreams.

The Importance Of Preparing A Business Plan

While employment is a surefire way of securing your future, there are always those who believe that entrepreneurship should be a priority not only among those who are already established in life but also for students who have just finished their studies. Other people believe that getting involved with a profitable business is still the way to go if one wants to be financially successful in the future.

People who immediately go into business without any plan at all are the…

Lenders And Investors — 5 Ways Of Getting Personal

Everybody says it. “Get a personal introduction and you’ll fare much better.”

So, what? I walk up to this guy when he’s at lunch and introduce myself, noting that I’d like $850,000 for my new business?” No, I don’t think so.

There are, actually, much better ways of getting that personal introduction, such as:

1.Via Rejections

Yes, rejections do have a rosy side. Every time a lender or investor rejects your business plan, call and ask who they recommend as a good p…

How To Write Killer Business Plans – Part 2

Keep your eye on the Executive Summary

The first thing your potential funding audience needs to be reading is your executive summary. There is a saying in the film industry that no great script is written, only rewritten, and in a way that’s how you need to treat your executive summary. It’s the most essential part of your plan because it acts like a shop window to the plan inside, and it needs to draw the potential investor in.

Why use 5 words when you can use 3? Why b…

How Do I Build A Winning Business Plan? Part 1

Using sample business plans and their structure, along with studying as many business plan examples as you can, will provide you with the necessary framework to consider your business from every possible angle.

Starting or running your business without a business plan is akin to being a human without a skeleton!

Not only will using a sample structure highlight any areas you haven’t fully thought through, but it will also provide you with a good idea of what makes a goo…

Business Planning Help: Finding The Help That You Need

Business planning help is help that is structured to help your business in any way that you need it. It can help you to get your ideas worked out. It can help you to find the legal aspects of your business and take care of them. It can even help you make decisions that you are too close to making. Business planning help is a resource that will allow you to move forward without moving back first. That is something that many individuals struggle with.

So, where can you find …