It does not matter if you plan to start a multi-million-dollar international business or a small shop in your neighborhood. You need a plan to set it up.This book will teach you how to write a business plan smartly, meaning you will learn how to make a plan with a comprehensive view and from different angles which you can use to start your business or boost sales of your existing business.
Excerpt:
In general, a business plan is a set of plans and ideas that you have in mind for doing your business and it is the roadmap of your business's future.
You need a business plan before starting any business of any size, ranging from a barber shop to a doctor's office, restaurant, or an automobile manufacturing company, and any other business model.
By having a business plan, you look at your path more clearly. Each one of us can think of various routes to do a simple job such as going to an address, routes that haven’t occurred to anyone else's mind, and we may change our course even when we have been already on the way; we may go on a path which is not the route we have chosen from the beginning. There are various methods for every task in business, as well. Therefore, you write a business plan to outline a clear path. This then helps you become better in whatever you do or whatever business you plan to do as you already have a well-mapped-out plan.
Providing the capital through banks or investment companies is one of the applications of a business plan. If you lack a fully standard business plan, you won't be able to introduce your business to an investor. Instead of hearing you beating around the bush and giving verbal assurance, an investor is interested in reading your business plan. If you don’t have such a thing, you can't have any hope for absorbing any capital for your job.
Don’t be afraid of discussing your idea with the investor. the idea you have has already occurred to hundreds of thousands of other people, thousands of people are actively carrying it out, hundreds of people are working on it even more seriously, and tens of people are implementing it.
Another important application of a business plan is building a work team and gathering people who want to cooperate with you, whether as partners, employees, or any other titles. In order to do so, you need to offer your business plan instead of talking about plan for hours to attract people's atten- tion to your business. Offer your business plan to people instead of trusting yourself, starting to talk, and trying to recruit people. They will check whether there is a place for them in the corresponding business or not. If they find a place for themselves, they will get into the project and collaborate with you.
In the first step, offering a business plan shows how serious you are in the work you want to do. In the second step, people realize that you have a plan for your idea.
Absorbing suppliers and service providers in an easier way is the other application of a business plan. Some businesses work with various suppliers. Some large service providers don’t take rookies seriously and are not willing to work with them. Mapping the path that you want to go through, the one included in your business plan, can help you absorb these people.
