According to the book “The ABC's of Writing Winning Business Plans: How to Prepare a Business Plan That Others Will Want to Read -- and Invest In” http://www.amazon.com/exec/obidos/ASIN/0446694150/powerhomebizguid by Garrett Sutton, below are some tips to make a winning business plan that can get funding:
- Money follows management. Investors look first at the people involved in the company. If you are just starting out and don’t have relevant experience, investors expect to see that you have an experienced team of advisors and employees helping you in the business.
- Make sure you “sell” the one reason your business will become profitable.
- State clearly the strategies you will employ to get the word out about your business. Your business plan must show how you will leverage the Internet, public relations, viral marketing, and other strategies to attract customers.
- Present realistic estimates of the time, energy and costs of building a successful business. Do not underestimate or overestimate revenues. While investors know your numbers are simply guesses, they want to see that your numbers are within the “range of reality.” Be careful of your financial statements: this is one area where you can easily lose credibility if presented poorly.
- Benchmark similar companies to show that you’ve done your homework and researched the market.
- Your Executive Summary is your calling card. If it is not a winner, investors may not even read your entire plan. Emphasize your own as well as your team’s track record in the Executive Summary.
- Before sending your business plan to lenders and investors, send it out first to a few in order to get feedback. You’d want to correct your plan if someone tells you that you’re way off mark, rather than have a potential investor tell it to you and lose the chance to get the funding you need.
Here are some resources that can help you write your business plan:
- SBA Business Plan Basics http://www.sba.gov/starting_business/planning/basic.html
- PowerHomeBiz.com Creating a Business Plan section http://www.powerhomebiz.com/startup/businessplan.htm
- Entrepreneur.com Writing a Business Plan section http://www.entrepreneur.com/bizplan/0,7253,,00.html
You may also want to review some sample business plans to see how it actually looks like:
- Bplans.com http://www.bplans.com/sp/businessplans.cfm
- MOOT Corp Business Plan competition winners
http://www.businessplans.org/businessplans.html
- VFinance - View hundreds of real business plans in pdf format. http://www.vfinance.com/home.asp?bps=1&ToolPage=bps_main.asp
- Business Owners Toolkit Sample business plans and information on how to create a plan. http://www.toolkit.cch.com/tools/buspln_m.asp
- PlanWare Planning software and information. http://www.planware.org/
- Virtual Business Plan Walk through the design of a business plan. http://www.bizplanit.com/vplan.html
-SBA Business Planning Guide http://www.sba.gov/starting_business/planning/basic.html
- Small Business Advancement Center http://www.sbaer.uca.edu/business_plan/businessPlan.pdf
- Sample Business Plan General planning guide created by the Canadian Business Service Center. http://www.cbsc.org/servlet/ContentServer?pagename=CBSC_FE/display&c=GuideFactSheet&cid
- Business Plans Index - A subject guide to sample business plans and profiles for specific business types from Carnegie Library of Pittsburgh. http://216.183.184.20/subject/business/bplansindex.html
Some recommended books are :
- Business Plans Kit for Dummies
- The Complete Book of Business Plans : Simple Steps to Writing a Powerful Business Plan
- Writing Business Plans That Get Results : A Step-By-Step Guide
- Business Plans For Dummies®
- Your First Business Plan : A Simple Question and Answer Format Designed to Help You Write Your Own Plan
Hope that the above resources help
2006-07-13 06:48:43
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answer #1
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answered by imisidro 7
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Simple Steps to Writing a Powerful Business Plan
- Writing Business Plans That Get Results : A Step-By-Step Guide
- Business Plans For Dummies®
2014-12-31 06:23:52
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answer #2
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answered by Anonymous
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Here are some resources for you:
The Small Business Administration's website has lots of free information about business plans.
The are free sample plans at bplans.com and they sell software to help you write your plan.
There are also free guides for writing plans on sites like soyouwanna.com
2006-07-11 12:55:33
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answer #3
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answered by TradeConsult 4
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I work at OfficeMax and we sell software products that help you build your business plan. (title of software i think is called "Building your business plan") It basicly has the title of each section and you can cut, paste or type whatever fits in each category. The costs range anywhere from 50 - 100 bucks. but the costs are worth it. Within the software it will also give you tips and hints to help you out.
When you have composed your business plan you can email the business plan to OfficeMax's Print and Document counter and we can add special touches like printing it in color and making it into a professional presentation for prospective onlookers.
Hope this helps.
2006-07-11 12:49:13
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answer #4
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answered by Princess403 1
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The best way to understand what's involved in putting together a business plan is to actually examine one, page by page. I've created 3 videos where you can actually do that. To view those videos, visit:
http://networkmarketingbusinessplan.info
More information about business plans in general is available on my blog:
http://info-link.co/HBH
2013-11-28 06:48:51
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answer #5
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answered by Anonymous
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HI, I KNOW OF BUSINESS PLAN THAT CAN EARN $ FOR MORE INFORMATION EMAIL ME
2006-07-11 12:46:09
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answer #6
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answered by SHERLYN 1
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http://www.free-business-plans.com/ and bplans.com.
This article also shows how to write a business plan:
http://www.free-business-plans.com/articles/business-plan.html
2014-03-03 13:01:32
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answer #7
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answered by John 3
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Click on the opportunity link at http://bfall.qhealthzone.com
2006-07-11 12:44:58
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answer #8
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answered by web_biz_man 1
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