Business Plans

Stop Worrying About Everyone Stealing Your Idea
Business Optimization

Stop Worrying About Everyone Stealing Your Idea

Just like shark attacks are extremely rare, so is getting your ideas stolen.
Jessica Alter
10 Tips for Creating a Winning Business Plan in PowerPoint
Business Optimization

10 Tips for Creating a Winning Business Plan in PowerPoint

If you're presenting your business plan in PowerPoint format, read this first.
The Staff of Entrepreneur Media, Inc.
Skip the Boring Business Plan. Focus on This Strategy Instead.
Business Optimization

Skip the Boring Business Plan. Focus on This Strategy Instead.

Here's a simpler, less time intensive approach that offers more flexibility than the traditional business plan.
Cache Merrill
10 Questions to Answer When Writing Your Mission Statement
Business Optimization

10 Questions to Answer When Writing Your Mission Statement

Read this to see what your mission statement should address and how to put it all together.
The Staff of Entrepreneur Media, Inc.
6 Strategies for Presenting Your Business Plan
Business Optimization

6 Strategies for Presenting Your Business Plan

When you're ready to approach people with your finished business plan, these six strategies will help you achieve the results you want.
The Staff of Entrepreneur Media, Inc.
Pro Tips for Writing About Your Cash Flow in Your Business Plan
Business Optimization

Pro Tips for Writing About Your Cash Flow in Your Business Plan

Get the lowdown on how to prepare the cash flow section of your business plan
The Staff of Entrepreneur Media, Inc.
Expert Advice: 5 Questions That Create a Strong Management Section for Your Business Plan
Business Optimization

Expert Advice: 5 Questions That Create a Strong Management Section for Your Business Plan

A business plan pro reveals his best tips for developing a management section that shows readers exactly why your business will succeed.
The Staff of Entrepreneur Media, Inc.
Show Your Competitive Edge Without Knocking Your Rivals
Business Optimization

Show Your Competitive Edge Without Knocking Your Rivals

Do more than down your rivals. This video shows you how to stand apart using your merits.
The Staff of Entrepreneur Media, Inc.
The 8 Target Audiences for Your Business Plan
Business Optimization

The 8 Target Audiences for Your Business Plan

It's not just investors or bankers who'll want to see your business plan. Find out exactly who may be looking it over.
The Staff of Entrepreneur Media, Inc.
10 Ways to Improve the Quality of Your Business Life
Business Optimization

10 Ways to Improve the Quality of Your Business Life

Avoid the stumbling blocks of negativity, a psychologist advises. Make active choices to be positive, reach for opportunity and then you'll ride the escalator to success.
Sherrie Campbell
Business Optimization

10 Steps to Becoming a Successful Entrepreneur

Entrepreneurship is a calling. Succeeding at it requires following your impulses and intuition methodically.
Larry Alton
The Best Ways to Do Market Research for Your Business Plan
Business Optimization

The Best Ways to Do Market Research for Your Business Plan

Showing that you know the state of the market and understand what you need to do to succeed is critical in a business plan. Here's how to gather the facts you need.
The Staff of Entrepreneur Media, Inc.
Business Optimization

How to Develop and Evaluate Your Startup's Value Proposition

It's not enough to be able to do, make or provide something: It must be worth something to potential customers
Jon Elvekrog
What Makes You Better? Business Plans and Highlighting Strengths.
Business Optimization

What Makes You Better? Business Plans and Highlighting Strengths.

As you examine your industry and competitors, identify your competitive edge.
Tanya Benedicto Klich

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.