How Do You Write A Strategic Business Plan?
A strategic business plan will guide your business through the start-up and growth years if properly written and prepared. Your plan should be printed and bound and available to refer to often as you conduct your daily operations. A well-written business plan will also be an essential element in your proposal to potential investors. Once it is complete and bound, maintain an electronic version to be updated as your business needs and goals change. Using a spreadsheet software program, create a worksheet on which you will enter financial information. Include projected income and expenses, month by month, for the first two years of operation. For the next three years of operation, enter projections per quarter. Use realistic figures for income, particularly during the start-up year. Research the background of all the principals involved in your business. Write a profile of each person with detailed information on relevant experience, education and connections within the field. List conta
