Business Plan Success Tips for Entrepreneurs and Small Business Owners
Business Plan Success Tips for Entrepreneurs and Small Business Owners
By Daryl Des Marais
www.ezinearticles.com Platinum Quality Author
What does it take to convey your idea to financiers?
- How will you organize all that information? What you need is a clear outline and focus.
- First you must identify your audience. Who are your potential stakeholders.
- Rank them according to importance, but most importantly have a plan on how they affect your future business.
In terms of an effective and well accepted layout, the following is a good start.
Business Plan Layout
Exective Summary - Who are you and what are you planning to do?
# Company - Where is your company located and what's your specialty?
# Product or Service - what is your service and why is it better.
# Market - Who are you distinctly selling your product to and why will they buy it?
# Competition - Who is your competition in terms of product, pricing and placement strategy in and outside of your local area?
# Sales and Marketing - How, where, when and to who are you going to sell your product or service and what makes it special?
# Operations - Who will be operating your company, managing and what systems will be in place?
# Financials - How much money do you need to operate your company in the next 6 months to 5 years?, How will you spend it specifically?
# Appendix -pertinent information, contracts, references, etc.
Copyright @2006 All Rights Reserved www.usabusinessgrowth.com by Daryl Des Marais-"Business Growth Specialist"
Mr. Des Marais is a private parnter and has assisted with business development for companies in the service, retail, tourism and hospitality sectors helping them grow and expand their business by revenue or locations.
