Business Plans

News and Articles About Business Plans

6 Strategies to Keep Your Solopreneur Endeavor in the Black
Solopreneur

6 Strategies to Keep Your Solopreneur Endeavor in the Black

You can't do everything or be everywhere at once. Try on these tips to save money, time and possibly even your sanity.
Lucinda Honeycutt
You Really Could Have a Legitimate Business in a Week
Starting a Business

You Really Could Have a Legitimate Business in a Week

If your great idea solves problems, the rest is mostly filling out forms online. You can knock it out in a few days.
Derek Miller
What Franchise Model Is Right for You?
Franchises

What Franchise Model Is Right for You?

Learn what factors determine which franchise model is right for your business.
Rick Grossmann
2 Roadblocks to Successful Leadership Transitions
worth-knowing

2 Roadblocks to Successful Leadership Transitions

A solid succession plan and a few ground rules are essential when selling your business.
Beth Miller
The Simple Secrets of Business Growth People Forget
How It Gets Done

The Simple Secrets of Business Growth People Forget

The best lessons I've learned from 13 years of business experience.
Shawn Doyle
5 Steps to Launching Your Company
Starting a Business

5 Steps to Launching Your Company

You can't just have a good idea if you want to succeed in business.
Chris Haddon and Jason Balin
5 Areas to Automate to Drastically Increase Your Business Productivity
Automation

5 Areas to Automate to Drastically Increase Your Business Productivity

Automating certain areas in your business can provide time to strategize and develop new business.
Richard Agu
Here's a 6-Figure Service Business You Can Start for Under $100
Business Ideas

Here's a 6-Figure Service Business You Can Start for Under $100

Stocking shelves in the grocery store looks like a starter job but it is actually a lucrative business.
Kimanzi Constable
3 Crucial Questions to 'Fail Proof' Your New Business Idea
Business Plans

3 Crucial Questions to 'Fail Proof' Your New Business Idea

Risk is inherent but minimizing it is pretty much common sense, when you stop to think about it.
Daniel DiPiazza
7 Things You Must Do Before Quitting Your Job or You're Screwed
Quitting a Job

7 Things You Must Do Before Quitting Your Job or You're Screwed

Leaving your job to become your own boss without going broke requires setting the groundwork just right. Few people do.
John Rampton
10 Ways to Stop Procrastination From Standing in the Way of Your Goals
Goals

10 Ways to Stop Procrastination From Standing in the Way of Your Goals

Use these tips to break through old habits
Nina Zipkin
How Southwest Airlines Created a Mass Market for Air Travel
Growth Strategies

How Southwest Airlines Created a Mass Market for Air Travel

Herb Kelleher created the first budget airline, which found great success by simplifying everything from the destinations to the (lack of) snacks served on board.
Richard Koch
How to Write a One-Page Business Plan
Project Grow

How to Write a One-Page Business Plan

It's not as hard as you think.
Patrick Bet-David

For any entrepreneur planning to start a business, writing a business plan is a helpful way to clarify what service or products the company provides, as well as your business goals and how to to reach them. Business plans are considered a mandatory step for entrepreneurs seeking funding from venture capitalists or banks.  

What to include: Business plans vary in length -- anywhere from 20 to 50 pages -- but typically cover the same topics, such as: Cover Page (essential contact information); Executive Summary (what your business does and what market need it solves); Company Overview (profile of company and successes); Industry Analysis (details about the market); Customer Analysis (who are the customers); Competitive Analysis (identify key competitors); Marketing Plan (your brand and how do you plan on getting it in front of customers); Operations Plan (daily and yearly operational processes for success); Management Team (identify key company personnel); and Financial Plans (revenue projections for three to five years).      

Helpful resources: For guidance on how to write a business plan, read “Business Plans: A Step-by-Step Guide” and Write Your Business Plan from the staff of Entrepreneur Media.

 
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