How Do You Write A Basic Business Plan?
• Determine why you want to write a business plan. What do you wish to determine about your business? Here are some common purposes and goals for business plans. • To evaluate initial startup costs. • To establish the fundamental viability of a project. • To define your products, services and customers and assess competitors. • To map out the business model, the goals and the strategy used to achieve them. • To communicate to others (banks, investors, partners, etc.) the business idea. • Begin writing, or brainstorm first and then write, according to the template that follows. • Introduce yourself. Tell the reader who you are, your background, education, professional experience, your successes to date. • Explain your product or service. What does it do for the customer? Does it have any unique features or facets? How it is produced? • Describe your target customers. Why you have chosen to market to these customers? • Back up your argument with evidence from your experience, reports, wh
