Business Plan

A business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.Business plans may also target changes in perception and branding by the customer, client, taxpayer, or larger community. When the existing business is to assume a major change or when planning a new venture, a 3 to 5 year business plan is required, since investors will look for their annual return in that timeframe.
Posts about Business Plan
  • Create a roadmap for your business–and then follow it!

    … This past week I coached two people on a roadmap for their business. Both of them have been floundering for a long time, trying to figure out which direction to take. In one case, it was a plan for a product. In the other, it was a plan for a free download plus ways to promote services. If you don’t have a roadmap, you don’t know where you’re…

    Ellen Finkelstein/ Change the World Marketing- 12 readers -
  • How to Create a Business Plan and Get a Bank Loan in 5 Steps

    … How to Create a Business Plan and Get a Bank Loan in 5 Steps June 17, 2016 by Min Fang Leave a Comment Whether it’s investing in marketing, hiring salespeople, or paying back vendors, small businesses often need outside funds to grow. The most tried and true option for business owners is still visiting the bank and applying for a loan. Even…

    Famous Bloggersin How To's- 9 readers -
  • Your Author Business Plan: A Framework for the Creative Entrepreneur

    Does the thought of writing a business plan make you wince? You’ve been struggling valiantly through most of the non-writing, left-brained activities that have been thrust upon you as a modern writer–do you really need to go through the formality of crafting your “executive summary”, “sales forecasts” and “market analysis”? Well…yes.

    Kimberley Grabas/ Your Writer Platform- 18 readers -
  • 3 Common Business Plan Myths Your Business Can Stop Falling For

    … Are you procrastinating writing or updating a business plan? Is it because you’ve heard it has to be 30 pages, half of which are financials? This is one of several common business plan misconceptions. Today, let’s set the record straight by dispelling this and two other common myths: Myth 1: Every business plan has the same format and is 30…

    Hal Shelton/ Constant Contact- 11 readers -
  • Turning A Hobby Into A Business – A Happier Life

    … In 1937 George Valliant, a psychologist and Professor at Harvard University, began one of the longest running studies of physical and mental wellbeing ever recorded. For over 70 years Professor Valliant and his colleagues studied the lives of 268 individuals through wars, divorces, sickness and even a successful presidential election…

    Blogtrepreneur- 9 readers -
  • 10 Stupid Social Media Marketing Tactics You Must Stop Now

    … / template) Content Editorial Calendar Podcast Tutorial (episode 77) 8 Steps to Develop a Social Business Plan (white paper) How to Subscribe to Social Zoom Factor Podcast iTunes Stitcher SoundCloud Related Stories Influencer Marketing & Brands: Top 10 Mistakes Marketers are Making & How to Fix Them Ready, Set, Action! How to Activate Your Social Media Communities & Audience Social Marketers, It’s Time to Put Down the Megaphone and Deliver Value …

    Pam Marketing Nutin Social EMail- 18 readers -
  • How To Write an Executive Summary in 6 Easy Steps

    … Think of the executive summary as a one-page business plan – it provides a comprehensive overview of all the elements that will make your business model a success. Since it’s likely the first impression that investors will get from your company, the executive summary is your best chance of grabbing the attention of investors. Investors don’t…

    Blogtrepreneurin How To's- 4 readers -
  • How Much Cash Should a Small Business Have?

    … to 15 months. If you’re an established owner, you can find this information in your monthly budget, or if don’t have a budget, from a financial forecast created for this purpose. For start-ups, you’ll find your answer in the financial section of your business plan. As you did with actual cash expenditures in the preceding paragraph, look at the sales…

    Hal Shelton/ Constant Contactin How To's- 14 readers -
  • 10 Essential LinkedIn Tips, Tools, and Strategies You Need to Know

    … faceboard’s analytics. This saves some time in the landing page A/B testing department. How to Research Customers on LinkedIn Do you want to target more of your ideal customers using LinkedIn ads? If your answer is yes, then here is what you need to do. Log out of your LinkedIn account. Search for your top customer using site:linkedin.com/company…

    Kristi Hines/ Search Engine Journal- 14 readers -
  • 10 Smart Things to Do When Writing and Updating Your Business Plan

    … a banker or angel investor how you will use the funds they provide. This is called “Use of Funds.” Investors want their funding to go to company activities that will generate future revenues and grow the business. The Use of Funds section doesn’t need to go into much detail, but it must cover all the funds requested. 8. Revisit and refine your first…

    Hal Shelton/ Constant Contact- 10 readers -
  • 7 Critical Business Plan Mistakes You Need to Avoid

    … This is the fifth blog post in a series by Hal Shelton, SCORE small business mentor and author of The Secrets to Writing a Successful Business Plan. In the previous installments, we looked at “4 Sections Every Business Plan Must Have (and Why They’re Important),” “Why You Need a Business Plan (and the Best Style for You),” “When Is a Good Time…

    Hal Shelton/ Constant Contact- 9 readers -
  • How to Create a Nonprofit Business Plan

    … This is the fourth blog post in a series by Hal Shelton, SCORE small business mentor and author of The Secrets to Writing a Successful Business Plan. In the previous three installments, we looked at “4 Sections Every Business Plan Must Have (and Why They’re Important),” “Why You Need a Business Plan (and the Best Style for You),” and “When…

    Hal Shelton/ Constant Contactin How To's- 11 readers -
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