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Top Basic Business Plan Model

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Basic Business Plan Model

It's like planning backwards. 1. Determine what you want in life 2. Figure out what your business would need to do to give you that life. 3. Figure out how long it would take you to reach it. 4. Figure out how big of a market it would take each of the years you're planning for. 5. Then see if that market is big enough. Isn't this a much better way to go about planning your business? Shouldn't your business be designed to give you want you want instead of you working yourself to death just hoping for the best?

Here is a recap of where we are in this discussion: Business plans formalize an understanding of the task with appropriate analysis leading to a plan_of_action. Not all business plans are for profit motives. Business plans are for an enterprise effort and not focused on disciplines/departments, e.g. Marketing plan, sales plan, HR plan, supply chain plan, etc. Business plans are a great vehicle to build a team effort. Plans can be utilized for formalizing metrics relative to achieving goals and performance measurements. Some complex plans might include a Project Management professional. There are internal and external audiences for business plans. Most external focused plans are for outside funding of projects. Be mindful of the 'tone' the plan projects to the reader. Tone refers to the impression a person gets from reading the plan; a subliminal feeling about the plan.

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Basic Business Plan


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