Advertising
Do you love your home photos and videos? Are you looking to work from home? Go to www.youcanstayhome.net and Fill out form for an interview. Timing is critical!
Whole Network Most Recent TOP10 business ideas financing internet business opportunities

 

Business Plan Writing Tips

Filed in archive management by noel on April 18, 2007

Business Plan Writing Tips
Writing a home business plan may not be an immediate requirement since many startups can be started without having any business plan document at all. But for those who can't start on anything without a well-written or just a business plan draft, Michelle Goodman, Anti-9-to-5 Guide's author, got some business planning do's and don't's for you:

Business Planning Do's:

Flesh out everything but the executive summary of your plan first: the numbers, the competition, the industry trends. If you write the executive summary first, you wind up with a vaguer, weaker document.

Toot your own horn. Don't be afraid to promote yourself. It's not bragging. Leaders list their achievements - plain and simple. Investors will want to see this.

Be clear and concise. Ensure each section of your plan stays on topic. You want to make it easy for an investor or advisor who's just skimming it to find the information they need.
Obliterate all industry jargon from your plan. Likewise, nix all superlatives and adjectiveslinks. Prove you're unique without having to come right out and say so.

Business Planning Don'ts:

Say that you have no competition. Customers and investors won't buy it. If there is nothing else like it out there, there probably isn't a market for it, say the experts.

Fudge the numbers or present only best-case financial scenarios. Use reliable numbers that are as recent as possible. Investors will challenge your numbers anyway, so you need to be able to defend them.

Try to hide your weaknesses. Instead, include a "challenges that keep me awake at night" section in your plan to address the bigger hurdles - and your ideas for resolving them.

Write a tome. If you're writing a business plan for yourself (as opposed to investors), it can be as short as 10 pages. If you're writing a plan for investors, keep it under 35 pages.

via Anti-9-to-5 Guide


Advertisement


Permalink: Business Plan Writing Tips
Tags: home+business+planning  business+plan+writing  write+business+plan  business+planning+tips  business  hom 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/63169



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
 
Advertisement
Book yours here.



  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: business ideas business tips financing freelancing tips General Home Based Businesses home based franchises home business events home business people home business software home office tools internet business management marketing odd home business idea online job opportunities Sponsored Post suppliers Work at Home Scams Work From Home