The Complete Book Of Business Plans: Simple Ste...
As with any business management tool, business planning can be used for multiple purposes such as starting a new business, raising capital, launching a new line of products or services, expanding business facilities, selling an existing business, or gaining a better focus of an existing enterprise. Whatever your reasons, we are here to help you, and as long as you follow the simple advice, ideas, and format presented in The Complete Book of Business Plans, you will be well on your way to crafting a highly successful plan of your own.
The Complete Book of Business Plans: Simple Ste...
A winning business plan requires time. Plan to spend fifty to one hundred fifty hours crafting a complete and comprehensive business plan, including research, documentation, analysis, and review. Entrepreneurs should really start planning at least six months before they intend to open or expand their business or begin raising capital. Most entrepreneurs will need to devote time to the start-up while still working another job, or if they are expanding an existing business, they need to continue to run the dayto-day operations. Six months gives you time to sharpen and focus your business ideas and concepts while you are testing your assumptions.
A business plan is the cornerstone of any successful company, regardless of size or industry. This step-by-step guide provides information on writing a business plan for organizations at any stage, complete with free templates and expert advice.
A simple business plan is a streamlined, lightweight version of the large, traditional model. As opposed to a one-page business plan, which communicates high-level information for quick overviews (such as a stakeholder presentation), a simple business plan can exceed one page.
Read our article offering free simple business plan templates or free 30-60-90-day business plan templates to find more tailored options. You can also explore our collection of one page business templates.
Be sure to download our free business plan template to start writing your own business plan as you work through this guide. For a more detailed guide to writing a business plan, download our free ebook: The Easy Way to Write Your Business Plan.
To make informed business decisions, you may need to budget for a bookkeeper, a CPA, and an attorney. CPAs can help you review your monthly accounting transactions and prepare your annual tax return. An attorney can help with client agreements, investor contracts (like shareholder agreements), and with any legal disputes that may arise.
A "Doing-Business-As" Certificate (DBA) is a quick and simple way to set up your business through your town or city clerk's office. See if it's right for you and get simple instructions on how to file.
As we near the end of the year, Becca and I now have a professional website, three writing resource books that have collectively sold nearly 50,000 copies, and we increased our credibility through speaking engagements, teaching at conferences, and hosting workshops. In the near future we are looking to create awareness of our books at the collegiate level, rounding out our business plan objectives.
You have a number of essential tasks to complete before you write your business plan. Having a clear picture of your goals and how to attain them is at the core, but consider the other factors on this list of business-planning essentials:
If a traditional business plan is the trees, a lean plan is the forest. The one-page approach, also known as a business model canvas, is more about the concepts and big picture of your future business and is focused on relationships, key activities, and your overall value proposition. This type of plan is popular for startups or super-simple and small business ventures looking for independent investors.
Most of these documents can be produced using spreadsheets, but accounting software is also a helpful tool to organize your company's financial information. Ideally, your accounting software will work with your small business checking account. Novo offers integrations with software like Quickbooks and Xero, making finding and connecting your financial information across platforms simple and easy. You can sign up for a Novo checking account here.
The business of writing has as many moving parts as writing craft. This brief guide on how to create a business plan for writers will help you take steps to plan and adhere to SMART writing goals while keeping the business of writing (selling books and marketing your novels or non-fiction) firmly in mind.
If your marketing knowledge and experience is scant, it may be worth taking a book marketing course (remember to add this to the expenses portion of your writing business plan). Coursera is a fantastic resource for university-run short learning courses, and may help you grasp marketing fundamentals or how to use tools for understanding how to convert website visitors into customers/readers.
Regular testing and maintenance ensure the BCP is current and accurate. A simple test of a business continuity plan might involve talking through it. A complex test requires a full run-through of what will happen in the event of a business disruption. 041b061a72