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business plan is what i need to start my business

2006-09-12 05:03:35 · 8 answers · asked by t s 1 in Business & Finance Careers & Employment

8 answers

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

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.

Hope that the above resources help

2006-09-12 23:32:27 · answer #1 · answered by imisidro 7 · 13 0

Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:

* Writing a Convincing Business Plan by Arthur R. DeThomas Ph.D., Lin Grensing-Pophal
* The Definitive Business Plan: The Fast Track to Intelligent Business Planning for Executives and Entrepreneurs (2nd Edition) by Richard Stutely
* The Complete Book of Business Plans: Simple Steps to Writing a Powerful Business Plan (Small Business Sourcebooks) by Joseph A. Covello
* The One Page Business Plan with CD-ROM by James T., Jr. Horan

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

2006-09-12 06:08:19 · answer #2 · answered by TM Express™ 7 · 0 0

Do a google search or askjeeves.com search and simply ask the question of looking for a business plan to start; It probably also depends on the business. An accountant that you'd have to hire to keep up with your books would know more on how to help you set up your plans.
Good luck
Bev
http://www.bedavis1.mywayout.net

2006-09-12 05:09:43 · answer #3 · answered by BevD 4 · 0 0

Far and above the best resource is Small Business Administration http://www.sba.gov/starting_business/planning/basic.html

"The importance of a comprehensive, thoughtful business plan cannot be overemphasized. Much hinges on it: outside funding, credit from suppliers, management of your operation and finances, promotion and marketing of your business, and achievement of your goals and objectives. "

SBA also has links to 20 minutes training sessions to start a small business (including development of a business plan) that could be extremely helpful!

2006-09-12 05:16:38 · answer #4 · answered by ? 4 · 0 0

you should be able to google business plan or small business and find something -other than that find out where in your lo-cal you get business licenses and they should have that info or go to the library and look at books on starting small businesses

please do make a business plan and keep it updated- it will help your business succeed

2006-09-12 05:11:49 · answer #5 · answered by treehugger 6 · 0 0

http://www.entreprenuer.com has a ton information on business plans. Here are some links to a few of them

http://www.entrepreneur.com/startingabusiness/businessplans/article38290.html

Elements of a plan
http://www.entrepreneur.com/startingabusiness/businessplans/article38308.html

Outline of a sample biz plan
http://www.entrepreneur.com/startingabusiness/businessplans/article29704.html

2006-09-12 06:10:15 · answer #6 · answered by Anonymous · 0 0

I would contact a lawyer that specializes in that kind of thing.. You will need one on your side anyway!! look in your phone book and just call around.. Good luck!

2006-09-12 05:09:28 · answer #7 · answered by Anonymous · 0 0

http://www.sba.gov/starting_business/planning/basic.html

2006-09-12 05:07:11 · answer #8 · answered by bigbadboss.com 3 · 0 0

fedest.com, questions and answers