A business plan is a written copy of your imagination cum planning and summarized view of your strategies. Now if you have sat down to write a business plan, you must have figured out what business you want to start and other necessary questions. A Business plan is a written piece of the future of your business. First of all prepare it on your own as nobody else can understand and elaborate the idea as you can do. There are few points I am going to mention in this article so that you won’t need a template to write a business plan.

This is a two stage process- Brain storming before writing a business plan & while writing a business plan. Here you go-

Before writing a Business Plan

Before writing a business plan, you would need to focus on few aspects such as –

How much time you want to pitch your plan?
When should you write a plan?
Who needs that business plan?
Why should you write it?
What are your goals? Are you going to explain all of them?
What are you going to do with your business plan?
You need to figure out the time you have to pitch your plan because you certainly don’t want anyone to leave you in the mid of your presentation, off course. When you have the expected time add or remove content according to required aspects and time. Next important thing is why do you need business plan? especially when you are getting funding from people who already know about your plan like friends, relatives etc. Most of the times they do not require any further details. Then let me tell you, you need that business plan for you. Business plan that you would prepare would work as to do list with a balance sheet. You don’t need a brainstorming session every time and you would certainly need a person to remind you what next about your own business. Even if you do need that plan for investors try to make it user engaged. Try to more elements that show you have done enough research on this and they are going to lose hell lot of things if they don’t invest in your business. Don’t ask me how? You are business man; you know how to do it.

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