This ad will close in
Question added to topic MoneyAugust 8, 2007

What is required to build a concrete business plan?

I have a background in semiconductor wireless technology. I am in the process of putting together a business plan but still don't have a concrete idea. I don't have any customers lined up right now, but I am working on my vague idea to create something concrete. How much of an effort is required in coming up with a business plan that can be translated into success? How much marketing research does a person have to undergo in order to make their business plan?

If you visit www.sba.gov you can see information regarding the aspects a business plan should include. You can also visit with your local SCORE or Small Business Development Center can also help you through the steps of putting together your business plan. A business plan will be your map for success. Some of the main parts will include outlining your products/services/management team/financial projections/marketing plan/etc.

Chuck Fuller is senior vice president, business development for Entrepreneur Media and helped found Entrepreneur.com. He has more than 20 years of experience with the company and has developed relationships with companies such Yahoo!, Google, MSN and AOL.

0 Comments. Post Yours.

About ASK ENTREPRENEUR

Ask Entrepreneur is a question-and-answer forum for and by the Entrepreneur.com community. Send in your burning business question, or comment on someone else's now. Have a Question? Ask Now

Topics (over 1000+ answers)

Don’t see a topic? Suggest One

Ask Entrepreneur Q&A Hangouts

Google + Hangout With Shark Tank
Google + Hangout With Jason Falls
Google + Hangout With Angela Jia Kim
Google + Hangout With Grant Cardone