Top Investments to Make in Your Business When You’re Just Starting Out
When you’re just starting out your small business, it can be hard to know what to do. We can see a ton of advertisements telling use to buy this product or service because it’ll help us do this thing. It…
Writing the Perfect Business Plan: Executive Summary
Now that you have completed every other piece of your business plan, it is time to move onto the executive summary. This section, although placed at the beginning, should be written last. This is because you will summarize all of…
Writing the Perfect Business Plan: Financial Plan
The Financial Plan & Projections portion of your business plan will take some work. This is because it involves a lot of projections, based off of estimates. However, it is very important that you do complete this section, both for…
Writing the Perfect Business Plan: Marketing & Sales
You really should create a separate marketing plan for your business. However, even in your business plan, you should include key details about your marketing and sales operations. Sales Team Your business may have anywhere from just you to…
Writing the Perfect Business Plan: Product/Service
The next part of your business plan is the section about your product or service. What you include may vary slightly depending on whether your business offers a product or a service. However, there are some key aspects that you…
Writing the Perfect Business Plan: Market Analysis
The market analysis section of your business plan will be one of the more intense sections to write. This is mainly because there is a lot of research that must be done. However, when you are finished, you will have…
Writing the Perfect Business Plan: Organization & Management
Now that you have completed the Company Description of your business plan, you can move on to the next section. The Organization & Management is arguably the most straightforward section of your business plan. Essentially, it tells your audience who…
Writing the Perfect Business Plan: Company Description
You should start with the company description section when writing the perfect business plan. This section will introduce your reader to your company. Because it is an introduction to your business, it is crucial that you make it very detailed.…
Writing the Perfect Business Plan: Overview
As we discussed in a previous post, the decision to write a business plan or not is very personal. If you are planning on writing a business plan, you’ve come to a good place; we are about to start a…
Do you actually need a business plan?
As entrepreneurs, we are often told that a business plan is essential. The need for these plans was even drilled into me in college courses. However, recently, there has been some debate on whether you actually need a business plan…
