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Posts Tagged ‘writing a business plan’

Putting Together a Business Plan for Your Online Business

by Larry Slusser on February 19th, 2008

A business plan is something that should be customized to your company, rather than using any old cookie-cutter plan; however, there are basic components to build your business plan around that you should not do without. Executive Summary. The summary should include a review of the business, the impact, risks involved, contingencies, and any issues yet to be addressed. A market analysis, strategic and development plans for your business, sales forecasting for your market and your budget should follow the executive summary. Market Analysis. This is imperative to any business plan, and should be written with the benefits of your... Read more »

The Making of a Good Business Plan

by Carrie Hinkel on February 1st, 2008

The difference between a good and bad business plan could mean getting a loan and not getting a loan, or a successful expansion and an early closing. A business plan is a powerful tool and the opportunity to create one that is detailed and guiding shouldn’t be wasted. But what makes a business plan good? Well, it’s not measured by the number of pages or creative graphics used. A good business plan is informative, factual and detailed – able to accurately forecast sales, growth, and expenses. A good business plan should leave readers – whether a banker, venture capitalist, private... Read more »