How to Write a Business Plan – Everyone Has a Theory
September 6, 2007 by Eric Eggertson
Filed under Marketing
Whether or not you’re planning to enter the b5 media Business Channel’s business plan contest, here are some sources for inspiration when writing a business plan.
( Jump Start your Business Contest )
For tips on writing business plans, check out my post from last week about Stowe Boyd’s 10-Page Business Plan regimen (and Sam Huleatt’s rebuttal).
Some more business plan advice:
- Business Plan Pro creator Tim Berry warns about getting addicted to writing business plans, and forgetting to start a viable business; and on Guy Kawasaki’s blog, Berry outlines how to write a business plan.
- Steven Fisher has several posts about business plans on Startup Spark.
- The Business Plan Archive holds plans from the Dot.Com era. This could be a time-eater, if you’re not focused in your search.
- Tom Eckman warns that a business plan must tell a story.
- Company Crafters has some good content about developing a workable business model.
While you’re thinking about abbreviated business plans, check out elevator pitches.
Tags: business, entrepreneurs, business plans, elevator pitch, planning, startups, b5 media, tips
Everyone does have an opinion when it comes to writing a business plan. This is true. But the most valuable tip I am able to share with your readers is to revisit the original business plan during these recession times.
My wife and I have been running our own business for years. And we had a business plan but what we forgot to include, in writing, was how to profit if a recession occurs. Without the steps in writing, it made it hard to make profits.
So we went back to our original plan, made edits, and added how to earn profits under such circumstances. Since doing so the profits have been flowing, again. I hope this tip benefits your readers as much as it benefited us!!!