Business Plan Template
Do you need a business plan, or are you looking for a template to develop one? This Tutorial will be valuable to business owners, sales professionals, and aspiring entrepreneurs interested in a framework for a roadmap to their objectives.
Business plans are often requested by outsiders, so they can see how you’re going to achieve your goals. But the significance of business plans to you, the business owner or executive is often underrated.
Your plan helps you understand the why and how of your objectives – why you think it can work, and how you’re going to make it happen.
Preview
The world seems full of people who ask for your business plan. Certainly anything to do with finance – bankers, investors, lenders – and anybody involved in business support services provided by government bodies. Distribution and supply chain partners as well as vendors can also ask for an explanation of how your business will work.
Unfortunately not many of them understand the real value of a business plan, or even what should be in it. They think it’s all about money – revenue, expenses, cash flow and profit. To be fair a proper business plan does need to include the money dimension, but that’s only a part of the value.
The real value of your plan is the detailed description of ways you’ll invest your resources in creating value for customers, and achieving a profit for yourself in the process.
- It’s all about your value add, and how you’ll sell it, deliver it, share in the proceeds, and achieve a profit after the expenses are paid.
- It’s about the barriers you’ll need to overcome, risks they’ll prove insurmountable, and what you’ll do about it.
- It’s about your strategy and execution plan, and how you’ll know if it isn’t working and why.
- It’s about managing risk as much as exploiting opportunity.
- It’s a reference point for the continuing management of your performance.
This isn’t meant to be an academic paper on writing business plans, so please don’t expect a lot of explanation. This tutorial is one of the Successful Sales Management series and complements the others.
It is meant to be a “checklist” – something to check your thinking against once you’ve taken as much as you can from our other lessons and now want to put your knew knowledge to work.
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Click the link to buy this tutorial for less than a cup of coffee – $2.99. Download it now and by the time you’ve finished your break you’ll have tools to do a better job of managing sales.