How to write a business plan?

If the business plan is made correctly, then it will justify three main tasks. The first is the designation of common goals for managers. The second task is an opportunity to reflect on the feasibility of the project, since all thoughts on paper are already a good example of a future company. A business plan can be a rehearsal for your company, so at this stage you can do a lot of things to fix and remake. And finally, this document should attract potential investors who simply glance through the business plan, as they have very little time.

The business plan should be clear, concise and fully characterize the future enterprise. To write a business plan, you will need largetime and money. Many future entrepreneurs are asked to execute a business plan for an order, they receive a total of 30-40 pages of text, in which even the slightest essence of the conceived is not disclosed.

For a business plan, not only a transparent and accurate concept is important, but it is also important that, from the first lines, it is clear how competitive advantages will have a project in its field. This is very important, because many venture funds pay attention to this, so try to express everything on the first lines.

You must specify the following: the value of the project, whybuyers will want to pay for this product or for this service, how much money will be needed for the start, how the project will develop and grow, the possible risks and ways to solve them, who is the competitor and the partner of the enterprise, what is the composition of the team. Also do not forget to specify all possible sources of income and expenses. There are two main questions that you havethere should be an answer: what is the profit of the project and when the company starts to generate revenue. It is simply impossible to write a business plan without a financial section or a detailed forecast section.

If this is a start-up company that has limited funds, the decisive factor is statement of cash flows. In these funds, and should be reflectedaccounts receivable and accounts payable for each quarter. Advice from the experienced: if the enterprise is profitable, then it can also die, because the profit is not yet available. When a business plan is polished to a shine, then it does not need to be hidden in a dust box, but you should always look through it and analyze where you were wrong and what this mistake cost you.

Before you write a business plan, you need check the market. This you will analyze your idea onuniqueness and competitiveness. When the production plan and the plan of the organization of work of the enterprise are made, it is possible to start marketing section. This is an advertising move, a buyer's market, the price of a product or service, a decision to promote goods or services of an enterprise.

I would like to offer you business plan structure, which is very common amongbeginning entrepreneurs. This is a title page, a resume, a detailed description of the company, a description of services or products, production, organizational and financial plans, a marketing section, risks and guarantees of the enterprise, the value of the project for the city, applications and additions to the business plan. Of course, the structure may vary depending on your preferences or the requirements of venture companies. Do not forget that brevity is the sister of talent, so writing about anything for 40 sheets is not worth it. Let it be 20 pages of text, but understandable, concrete and "working" text.