Business Plan
10 Steps To a Healthier Business - Business Plan
A business plan is the blueprint for your business idea. If you are currently running a business without a plan, if you are planning to start a business or if you have a business plan that you have not looked at in a while, follow these 3 tips to create a blueprint that will help you create a successful plan for your business.
1.)Create Idea Notebooks
You have ideas for an amazing business. Start writing them down. Composition books are a great place to gather your ideas. In your composition book, think of gathering your ideas as you would when planning a research paper.
~Brainstorm
~Research
~Draft your initial thoughts
~ Revise your ideas
2.) Create a Business Model Canvas A BMC is a one page chart that uses 9 key components to help you understand important elements about your business.
The components of a business model canvas are:
• Customer Segments
• Value Propositions
• Channels
• Customer Relationships
• Revenue Streams
• Key Resources
• Key Activities
• Key Partners
• Cost Structure
3.) Choose a business plan format
A business plan can be as simplistic or as detailed as you would like it to be. Choose a program that you feel most comfortable with. If you are not comfortable creating a business plan on your own, hire a consultant to create a business plan for you. Create your business plan with intention in mind.
Is this plan for personal use or will you use it to gain funding? Your business plan is a working document. Update your plan as needed to help you stay focused on your company goals.
A business plan is the blueprint for your business idea. If you are currently running a business without a plan, if you are planning to start a business or if you have a business plan that you have not looked at in a while, follow these 3 tips to create a blueprint that will help you create a successful plan for your business.
1.)Create Idea Notebooks
You have ideas for an amazing business. Start writing them down. Composition books are a great place to gather your ideas. In your composition book, think of gathering your ideas as you would when planning a research paper.
~Brainstorm
~Research
~Draft your initial thoughts
~ Revise your ideas
2.) Create a Business Model Canvas A BMC is a one page chart that uses 9 key components to help you understand important elements about your business.
The components of a business model canvas are:
• Customer Segments
• Value Propositions
• Channels
• Customer Relationships
• Revenue Streams
• Key Resources
• Key Activities
• Key Partners
• Cost Structure
3.) Choose a business plan format
A business plan can be as simplistic or as detailed as you would like it to be. Choose a program that you feel most comfortable with. If you are not comfortable creating a business plan on your own, hire a consultant to create a business plan for you. Create your business plan with intention in mind.
Is this plan for personal use or will you use it to gain funding? Your business plan is a working document. Update your plan as needed to help you stay focused on your company goals.
Posted in 10 Steps to a Healthier Business
Tagged with Business, Business challenege, business owner, Family Business, business plan
Tagged with Business, Business challenege, business owner, Family Business, business plan
Related Posts
Resource Categories
Recent
Archive
2020
2019
No Comments