Post by account_disabled on Mar 4, 2024 0:43:21 GMT -6
Today I want to talk to you about how to make a business plan , something that I consider vitally important for any project that wants to have a future. And sometimes I come across entrepreneurs and businessmen who jump into the pool without knowing if there is water or fire at the bottom. And then they only have to improvise with every step they take, trying to get it right the first time (or the second, or the third...) so as not to lose money. You will say that it seems strange to you and that it must not be so common. But if. We start a new business with enthusiasm and desire to do everything we can think of. We start our company without first having captured everything we have in our heads in a document.
What is a business plan?Broadly speaking, a business plan is a guide that includes the main chara Chinese Overseas Asia Number Data cteristics of your business, covering different sectors. This will allow you to establish some concrete ideas, modify or enhance some areas of action, monitor the evolution of your company... All with the idea of anticipating future problems and being able to make the best decisions . However, there is something I always tell everyone who works with me: it is important not to obsess over the business plan. Writing a complete and detailed document can take a lot of time; It is better to work on your own business than on the plan. I'll explain why. I know hundreds of people who sit down to write the business plan for their next project and try to get everything defined. They are capable of reaching unsuspected limits by establishing every last millimeter.
Short and direct The first recommendation I make is that your business plan be short and direct . Don't beat around the bush, don't focus on minor details or dwell on that tangential aspect. I tell you this because I have had to review and analyze infinite business plans. If a business plan is 87 pages long and I have a stack of 25 business plans ahead of me, you can imagine how exhausted my mind becomes. I no longer concentrate in the same way and a lot of information is lost along the way. Therefore, if you are going to write a business plan to present to a third party (a bank, an investor, a contest...), make it concise and focused on the most important aspects . Easy to read Another fundamental element is that it is easy to read . This usually happens with companies in highly qualified sectors, such as engineering or medicine, which express all their knowledge in the business plan.
What is a business plan?Broadly speaking, a business plan is a guide that includes the main chara Chinese Overseas Asia Number Data cteristics of your business, covering different sectors. This will allow you to establish some concrete ideas, modify or enhance some areas of action, monitor the evolution of your company... All with the idea of anticipating future problems and being able to make the best decisions . However, there is something I always tell everyone who works with me: it is important not to obsess over the business plan. Writing a complete and detailed document can take a lot of time; It is better to work on your own business than on the plan. I'll explain why. I know hundreds of people who sit down to write the business plan for their next project and try to get everything defined. They are capable of reaching unsuspected limits by establishing every last millimeter.
Short and direct The first recommendation I make is that your business plan be short and direct . Don't beat around the bush, don't focus on minor details or dwell on that tangential aspect. I tell you this because I have had to review and analyze infinite business plans. If a business plan is 87 pages long and I have a stack of 25 business plans ahead of me, you can imagine how exhausted my mind becomes. I no longer concentrate in the same way and a lot of information is lost along the way. Therefore, if you are going to write a business plan to present to a third party (a bank, an investor, a contest...), make it concise and focused on the most important aspects . Easy to read Another fundamental element is that it is easy to read . This usually happens with companies in highly qualified sectors, such as engineering or medicine, which express all their knowledge in the business plan.