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How do you write a simple business plan?

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βˆ™ 2006-07-11 21:10:07

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The process of writing a business plan can be very overwhelming, that's why I hesitate to say that there is such a thing as a "simple" business plan. I would recommend writing a mini-plan, which is often referred to as an

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2006-07-11 21:10:07
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The process of writing a business plan can be very overwhelming, that's why I hesitate to say that there is such a thing as a "simple" business plan. I would recommend writing a mini-plan, which is often referred to as an “enhanced executive summary”. The mini business plan consists of one to 10 pages of planning information. Frequently, the mini-plan discusses the overall business concept, financing needs, marketing and sales strategies and almost always includes financial statements. This is a great way to introduce your company to prospective investors, lenders or potential business partners. If the mini-plan generates interest, you can then develop and present the more detailed plan. Keep in mind that mini-plans should never be a substitute for a full-length business plan, especially when seeking financing.

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