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Business > Strategic Planning > Business Plan Success Tips for Entrepreneurs and Small Business Owners
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Article rating : 0.00, 0 votes. Author : Daryl Des Marais
What does it take to convey your idea to financiers?
- How will you organize all that information? What you need is a clear outline and focus.
- First you must identify your audience. Who are your potential stakeholders.
- Rank them according to importance, but most importantly have a plan on how they affect your future business.
In terms of an effective and well accepted layout, the following is a good start.
Business Plan Layout
Exective Summary - Who are you and what are you planning to do?
Company - Where is your company located and what's your specialty?
Product or Service - what is your service and why is it better.
Market - Who are you distinctly selling your product to and why will they buy it?
Competition - Who is your competition in terms of product, pricing and placement strategy in and outside of your local area?
Sales and Marketing - How, where, when and to who are you going to sell your product or service and what makes it special?
Operations - Who will be operating your company, managing and what systems will be in place?
Financials - How much money do you need to operate your company in the next 6 months to 5 years?, How will you spend it specifically?
Appendix -pertinent information, contracts, references, etc.
Business Growth Coaching Solutions @2005
For more information on an effective business plan layout check out http://www.usabusinessgrowth.com/proposalpack.html
Mr. Des Marais has operated small businesses for over 20 years. He has been a consultant and held positions in some of the fastest growing companies in Canada.
He has held past management positions in retail, tourism, hospitality and sales for a variety of companies. He has increased sales by 200% in 2 months for an herbal doctor; increased sales by 30% in 4 months for a major Canadian Big Box Retailer; 200% sales increase 3 times in a row for a service-based small business and helped several entrepreneurs develop and sell their business.
His expertise is in the area of growth and business development. He has also been involved in developing business chapters in cities across Western Canada.
In terms of charities he has been involved with several groups including Habitat for Humanity, United Way and local city soup kitchens.
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