"Quick Start" Business Plan Writing

Business Plan Writing, Outline & Tips For Writing Business Plans

For starters, why do we need business plans? Can’t we just go about starting a business without one? Is there really that much information and planning that goes into starting, running and even selling a business that we need a business plan? One simple word = YES! Business plans help you in more ways than you can even imagine, unless you’ve written one and used one before.
I know for myself, I would never launch any business or idea without creating some form of business plan, no matter how small or large the project was. Business plans not only help you stay organized, they also make you think of things that relate to the future success of your business that you never would have thought of. Also, as you write your business plan, ideas and notes will come to mind. That’s the time to jot them down and place them inside your business plan. I’ll say this much, you might start out with a few pages, maybe 10 pages or so, when you first put your business plan together. But, over time, if you keep at it, that document could soon turn into a 30-50 page document, or more. Why? Because you’re adding all sorts of details, to-do lists, new resources, things you need to go after, ideas to consider in the future and so much more.
I hope I’ve made my point how important having a business plan is when starting anything related to making money, marketing, business, even book writing, launching an event or workshop, and so forth. Having said that, let’s get into the nitty-gritty about how to go about writing your business plan.
When it comes to creating your own business plan, decide how you will organize your thoughts regarding this new business plan. Either in the computer, or on paper. If you’re going to use a computer to organize your thoughts, any simple word processor (like Microsoft Word, OpenOffice or even a Text Editor) will do just fine.
If you plan on organizing your thoughts on paper, then I suggest you get a spiral notebook, notebook journal or a 3-ring binder to keep and maintain all the notes and writings you’ll be making for your “Quick Start” Business Plan.
Do you need to buy expensive business plan writing software, not really. I have in the past, and found it to be (somewhat) a waste of time and money. Writing your business plan needs to be simple. You can use Microsoft Word or some other word processing software to write your business plans.
TIPS FOR WRITING YOUR BUSINESS PLAN
Stay Organized … As you enter your thoughts, facts and ideas for your business plan into the computer, or on paper, file and organize those thoughts under the appropriate sections (as provided below). It’s alright to jump around from section to section. Business plans aren’t written from the very beginning straight to the end; rather, in a rather more sporadic pattern, writing down ideas that come to you and filing them within the appropriate section. You might decide to write only for those sections you’re most familiar with; leaving the others alone to revisit after you’ve performed a little research.
Stick To It! … Writing business plans, isn’t always easy. It may take longer than you expect. But stick to it! You’ll be glad you did in the end. Think of it in these terms, if you think writing a business plan is hard, think about how hard it will be to run your business … without any forethought, plans, prudence, precautions, and reflective thought? I’ve written “Quick Start” Business Plans for websites I wanted to build, books I’ve wanted to write, businesses I wanted to market, seminars I wanted to conduct, speeches I wanted to give, consulting projects that required my involvement, you name it. Business plans save time (and money) down the line, when you put in the time right now, to get started writing yours.
Using My “Quick Start” Business Plan Outline … Below, I’ve outlined ten (10) key sections you will want to address when it comes to writing your “Quick Start” Business Plan. Are all of them relevant to your business? Most of them. But, you pick and choose which sections relate most with your business. Don’t dismiss any, just because you don’t have any material for a particular section. Just set it aside, and come back to it later when you have more time to perform a little research for that section.
If you’re using a 3-ring binder, use dividers to separate each heading into its own chapter section. Use notebook paper to hand write that which you want to say under each heading. In the end, you’ll have a collection of ideas, thoughts and directives suited to helping you accomplish your business goals and expected accomplishments. Be as detailed as possible. Think hard, work hard and good luck to you!!!
Instructions For Getting Started ... First, read through each section to become familiar with the information required to complete your “Quick Start” Business Plan. Then, either using your computer or making notes in a spiral note book inside a or 3-ring binder, begin to write your “Quick Start” Business Plan by filling in the sections you see below with either information you already know or that which you research.
Print Out Your “Quick Start” Business Plan … Pretty soon, your “Quick Start” Business Plan will be done. You can then print out a master copy of your business plan to use as a reference guide when starting and running your business. Take good care of your “Quick Start” Business Plan. For one day, it’ll be the map that guided you to success. Later, when people ask you, “So, how did you do it! How did you accomplish all your success?” Simply, you can tell them you owe it all to your … “Quick Start” Business Plan!
My “Quick Start” Business Plan Outline
Alright, time to get down to building your business plan. Here’s the exact outline I follow every time I want to write a business plan for a project idea I have or anything where I need to get organized to ensure my success!

I. Introduction — Briefly summarize what it is you’re going to do, how you got there and a little bit about why you’re going to succeed!
II. Mission Statement — Within 2-3 simple sentences, come up with a mission statement that clearly defines that which you aim to accomplish. Make it descriptive, yet concise. This could also be called your “elevator speech.” If you were given 30 seconds to say what you do, how would you say it?
III. Products/Services — Briefly describe in detail those products or services you will create (for sale). These products/services must represent your true passion and fill a need out there in the marketplace.
IV. Target Market — Define WHO is your target customer/client per product and/or service. Where do they live, why would they want to buy what you’re selling, etc.
V. Marketing Tactics — List all the ways you will employ when it comes time to marketing your product/service. Of course, you can refer to MyTrainingCenter.com for lots of ways you can effectively market your business.
VI. Business Operations — How will you actually run the business? Describe how you will perform such responsibilities like administration; management; policies and procedures for running the day-to-day business practices; technical matters like shopping cart software, eZine broadcasting software; autoresponders; affiliate program software; accounting software; what kind of structure will you choose for your business (sole proprietor, partnership, corporation, LLC, association, etc.); tax planning and other responsibilities that normally go along with running the day-to-day operations of the business.
VII. Finances (Entity Structure, Licensing, Taxes, Income & Expenses) — Remember, you are in business to make a profit … no exceptions!
Cash flow must take place monthly, weekly, daily! If you go too long without a profit, you better have a back-up plan or know when your light at the end of the tunnel will come to you.
List all the ways you will make money with your business; from what sources will you generate income, such as product sales, consulting services, affiliate referral income; and describe each in detail including selling price, rate per hour, commission percentages, etc. List all the start-up expenses associated with launching your new business.
VIII. Resources Required — List all resources, supplies, vendors, account services, fulfillment services, shopping cart services, websites, etc. necessary to launch and maintain your new business.
IX. Expected Accomplishments — With all this said, what are your exactly are your expected accomplishments for the business? What do you expect to accomplish – Personally? Professionally? Financially?
X. Future Growth & Expansion — Once you achieve your initial wave of success, what will you do then? How will you expand? How will you invest monies you earn back into the business to make even more money? Or, where else might you wish to invest your money and success? Back into the business? Investments? Humanity? Community? Family?
Now, start writing your business plan, and don’t launch out before you have a grasp as to what’s needed, required and what path you’ll take. When in doubt, just refer to your business plan. When changes occur, make note of them in your business plan.

About BartSmith

Bart Smith is the author of several books, professional marketer and self-publishing consultant, a personal coach, and a dynamite, motivational speaker. A self-starting, life-affirming, renaissance man, Bart is an entrepreneur at heart, who also bakes the world's best chocolate chip cookies at BartsCookies.com. He shares his insights, skills, training and knowledge here, on his training website, MyTrainingCenter.com, and helps people make money online with his online marketing shopping cart software, MyMarketingCart.com.


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