So think of it as a snapshot of your business plan.Don't try to "hype" your business--focus on helping a busy reader get a great feel for what you plan to do, how you plan to do it, and how you will succeed.Tags: Moral Ethical Dilemmas EssaysEpekto Ng Online S Term PaperEssay On Responsible GovernmentHow To Write A Music Business Plan3 Causes Of The Great Depression EssayLanguage And Gender Essays
Maybe establishing a storefront for your operation isn't as cost-effective as taking your products directly to customers--not only will your operating costs be lower, but you can charge a premium since you provide additional customer convenience. Successful businesses identify opportunities and challenges and react accordingly.
Creating a business plan lets you spot opportunities and challenges without risk.
Think of it as a written elevator pitch (with more detail, of course).
Your Summary describes the highlights of your plan, includes only the most critical points, and leaves out less important issues and factors.
Even though you may be creating a business plan solely for your own purposes, at some point you may decide to seek financing or to bring on other investors, so make sure your Summary meets their needs as well.
Work hard to set the stage for the rest of the plan.
Most great businesses can be described in several sentences, not several pages.
Then work to accomplish your secondary objective by focusing on your readers.
Maybe you think you don't need a step by step guide to writing a great business plan.
Maybe you think you don't need a template for writing a business plan.