Why you need a business Plan and a Business Plan Writer
Writing a business plan shouldn’t be difficult. In this step-by-step guide, this writer will write you a business plan and also provide quickly and easy way to write a business plan that will get the results you want. Don’t worry, you don’t have to have a business or bookkeeping degree to put together a great business plan. This writer will show you how to get your plan done step-by-step without any of the complexity or frustration.
The six components of a business Plan
Either you’re building a business plan to raise money and breed your business or just need to figure out if your idea will work, every business plan needs to cover six essential topics. Here’s a quick summary of each topic. There are a lot more details and instructions for each step later in this guide. (click here for more)
The executive summary is an overview of your business and your plans. It comes first in your plan and is ideally only one to two pages. Most people write it last, though.
The opportunity section answers these questions: What are you actually selling and how are you solving a problem (or “need”) for your market? Who is your target market and competition?
3. Execution and Implementation Strategy
In the execution chapter of your business plan, you’ll answer the question: how are you going to take your opportunity and turn it into a business? This section will cover your marketing and sales plan, operations, and your milestones and metrics for success.
4. Company, Business, and management summary
Investors look for great teams in addition to great ideas. Use the company and management chapter to describe your current team and who you need to hire. You will also provide a quick overview of your legal structure, location, and history if you’re already up and running.
5. Financial plan and Financial Projection
Your business plan isn’t complete without a financial forecast. We’ll tell you what to include in your financial plan, but you’ll definitely want to start with a sales forecast, cash flow statement, income statement (also called profit and loss) and your balance sheet.
If you need more space for product images or additional information, use the appendix for those details.
In the upcoming sections of this article, I’ll dive into the details of each section of your business plan and focus on building one that your investors and lenders will want to read.
Other take away from the business plan experience
If you’re looking for a downloadable business plan template to get you started, you can skip ahead and download it now. Or, if you just want to see what a completed business plan looks like, check out our library of over 500 free sample business plans.
This gig address is also a great introduction to help you start to think through what you’ll include in your plan:
Three (3) rules that make business planning easier:
Before you get started with your business plan writing, you can simply click on this address, however, let’s talk about some “rules” that will make the whole business planning process easier. The goal is to get your business plan done so you can focus on building your business.
1. Keep it short
Business plans should be short and concise, straight to the point and well structured.
The reasoning for that is twofold, double and sometimes multiple:
- Mainly, you want your business plan to be read and well structured (and no one is going to read a 100-page or even 40-page business plan).
- Some other reasons and secondly, your business plan, proposal document and investment documentation should be a tool you use to run and grow your business, something you continue to use and refine over time. An unreasonably long business plan and business proposal is a huge hassle to revise — you’re almost guaranteed that your plan will be relegated to a desk drawer, never to be seen again.
2. Know your audience very well
Write your plan using language that your audience will understand.
Take for example, if your company and business is developing a complex scientific process, but your prospective investors aren’t scientists, avoid jargon, or acronyms that won’t be familiar. It is important that you keep it short and straight to the important point.
Look at this for example: Instead of this:
“Our patent-pending technology is a one-connection add-on to existing WCApp setups. When attached to a WCApp setup, our product provides non-invasive dual pressure ventilation.”
Write this:
“Our patent-pending product is a no power, easy-to-setup device that replaces traditional ventilator machines used in hospitals at 1/100th the cost.”
Accommodate your investors, and keep explanations of your product simple and direct, using terms that everyone can understand and familiarize with. You can always use the appendix of your plan to provide the full specs if needed.
3. Don’t be overwhelmed or intimidated
Did you know that the vast majority of business owners and entrepreneurs aren’t business experts or professionals? They don’t have MBAs or accounting degrees. They’re learning as they go and finding tools and resources to help them.
Writing a business plan may seem like a big hurdle, but it doesn’t have to be. You know your business — you’re the expert on it. For that reason alone, writing a business plan and then leveraging your plan for growth won’t be nearly as challenging as you think. Thus, reach out to this writer for your business plan writing.
Why I recommend this writer?
1. A Good Business Plan Writer Has a Critical Skill Set
It takes more than just someone that can type out words to make a successful business plan. To create an effective business plan, a wide range of skills must be possessed — an extensive knowledge of the business and operations along with understanding marketing and sales techniques.
2. Research is Vital to a Brand’s Success
Professional business plan writers will dedicate their time to researching your industry as well as your competition, relevant demographics, the consumer demand, and the target market. Check out this writer!