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TwitterThe most difficult part about writing a business plan is compiling the most essential information about your business. As tedious as this job may be, it will help you a great deal and will not only save you time but will help you to organize your thoughts. I have created a list of questions that I like to answer before I begin to write a business plan. You may use my list as it is or adjust it in any way that fits your business.
Archive for the ‘Business Plan Basics’ Category
Business Plan Checklist
December 23rd, 2009 
admin 
Posted in Business Plan Basics 
Tags: accounts payable, arket opportunity, balance sheet, business concept, company objectives, competition, competitive osition, cost of goods sold, income statement, industry analysis, management team, Market Analysis, marketing strategy, mission statement, partnership, purchasing patterns, sales projections, seasonality, sole proprietorship, srart up costs, target market 
2 Comments »Funding Options from Investment Sources
December 22nd, 2009 admin As anything else business plans are intended for a specific audience. Preparing your business plan with your audience in mind is one of the keys to getting the funds that you need. Here is a list of your funding options. Keep in mind that these are some of the major funding options available, but of course, if you are creative you may find other sources as well. Chances are, no matter what the funding source is, you will need a business plan, so read on
Funding Options from Loan Sources
December 22nd, 2009 admin Considering that there are more than 25 million small businesses in the U.S. one would think that a business loan should not be hard to get. And it isn’t as long as you cover the bank’s 5 major requirements:
Good Credit – 700 and above
Experience – The loan officer reviewing your application wants to make sure [...]
Posted in Business Plan Basics Tags: business plan, collateral, credit score, equity, loan, loan officer No Comments »Before You Begin to Write Your Business Plan…
December 22nd, 2009 admin Writing a business plan can be stressful especially if you have never done it before. Where to start, how to organize it, where to begin your research, what is the most essential information that you need, and many more questions tend to confuse and overwhelm even an experienced entrepreneur. With a bit of planning creating a business plan doesn’t have to be that difficult, knowing who is your audience, what information you need, and developing an outline which covers the information that investors are looking for will help you to create a winning business plan and get the funding that you need.
Posted in Business Plan Basics Tags: angel investors, benefits, business objective, competition, competitive advantage, early stage company, Executive Summary, exit strategy, funding requirements, intellectual property, loan officers, management team, mission, seed funding, solution, success metrics, technology platform, threats, value proposition, VC, VC funding, venture capital No Comments »Why You Need a Business Plan
December 10th, 2009 admin You have a great business idea; you can visualize it and see it happen…you know in your heart that although there are risks entailed, you want to do this, you are an entrepreneur. You tell your family and close friends passionately about your business idea in the hopes that they will also see its great potential and will invest some money, enough to get you off the ground until you are ready to pitch your idea to bigger investors. Then the reality hits…Everybody agrees that your idea is genius, but…they are not sure if they want to give you their money, not yet.Whether you are looking for venture capital funding, a small bank loan, or you just want to put some structure around your great idea, you need a Business Plan.
