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In January 2020, I started a business with a good friend from school.
We had our idea, but we needed to get it on paper. So we created a business plan.
Ready to take your idea to the next level? You should create a business plan too...
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We had our idea, but we needed to get it on paper. So we created a business plan.
Ready to take your idea to the next level? You should create a business plan too...
What is a business plan?
A business plan is essentially your simplified business pitch that focuses on the core aspects of your business.
We share our business plan with potential clients and walk through it with prospective employees.
A business plan is essentially your simplified business pitch that focuses on the core aspects of your business.
We share our business plan with potential clients and walk through it with prospective employees.
What are the benefits of a business plan?
~ It& #39;s simple
~ It& #39;s approachable
~ It focuses on what& #39;s important
~ It& #39;s simple
~ It& #39;s approachable
~ It focuses on what& #39;s important
What should be included in a business plan?
~ The Problem
Describe the problem or pain point your customer has. Include data or research to back it up
~ The Solution
What product or service you provide and how it solves the problem
~ The Problem
Describe the problem or pain point your customer has. Include data or research to back it up
~ The Solution
What product or service you provide and how it solves the problem
~ Business Model
Describe how your business will make money. Include your costs and the price you are charging for the product
~ Target Market
Describe who your ideal customer is and how large that population is. Start broad and slowly get more focused
Describe how your business will make money. Include your costs and the price you are charging for the product
~ Target Market
Describe who your ideal customer is and how large that population is. Start broad and slowly get more focused
~ Competitive Advantage
Describe what makes you unique. Why are you better than the competition? How will this lead to a successful business and loyal customers?
~ Team
Describe who the members of your team are and management structure of your business
Describe what makes you unique. Why are you better than the competition? How will this lead to a successful business and loyal customers?
~ Team
Describe who the members of your team are and management structure of your business
~ Financial Summary
Include financial metrics. Profit and loss. Cash flow and sales forecast.
~ Funding
If you& #39;re looking for funding, have what you need CLEARLY outlined and highlighted, simple for investors to understand and why.
Include financial metrics. Profit and loss. Cash flow and sales forecast.
~ Funding
If you& #39;re looking for funding, have what you need CLEARLY outlined and highlighted, simple for investors to understand and why.
Writing businesses plans is a GREAT way to learn more about what you want to do with your business and why you& #39;re doing it.
I like to write business plans, so please reach out if you& #39;re interested.
DMs are open!https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Folded hands" aria-label="Emoji: Folded hands">
I like to write business plans, so please reach out if you& #39;re interested.
DMs are open!
