Create a Business Plan By Answering These 4 Questions
Posted on July 29th, 2008 in Uncategorized
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Business Plans do not have to be hard to draw up. Here’s a great post that will have you stirring those business plan creative juices in no time.
Terrie
There are a lot of would be entrepreneurs out there with a great idea, but are afflicted with Business Plan Paralysis. Instead of shipping product, they’re “working” on their plan, doing more “research”, or “thinking about it”.
I think the current literature on entrepreneurship overcomplicates things. Read the guides at Entrepreneur.com or bplans.com, and you run into 50 page documents with charts, spreadsheets, and financial projections accounting for every dime. And if these sources are to be believed, your business plan must also have serious sounding sections like Executive Summary, Competitive Analysis, and Financial Projections.
No wonder would be entrepreneurs stall at this step.
The good news is that you don’t need that kind of plan right now.
Right now, all you need is an internal working plan to get you going. And to get that working plan, all you need to do is answer these four simple questions. |
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