Wednesday, February 11, 2015

Are Business Plans Needed: Should I Have a Business Plan? By Jimmy Hall

For starters, YES, in most cases a Business Plan is needed (and usually REQUIRED) to obtain a loan, investors, and/or business partners. Think rationally for a minute. Would you loan or invest money to, or in, a business venture without concisely understanding what it is about and how and when you will get your money back (and then some)?

That's a no-brainer, isn't it? A business plan to an organization is like a resume to an employable person; it neatly explains what the outfit does and has done, how it does it, what it will do in the future, and how money is made both now and then. Simple, right? (Sometimes.) So, again, business plans are needed, and you should most-likely have one if you plan to be in business.


Business Plan Basics/Businesss Plan Writers - Atlanta Area


Jimmy Hall  Writing Services / Douglasville (404-580-1501) writes business plans. We know that a good business plan writer or business plan developer can (and must) take the information you provide and organize it, word it correctly, and make it presentable for the specifc audinece needed to view it.

It is extremely important that the plan's writer actually know business and economics, and not just be a general writer. Business plans need to be developed or written by business professionals.

Why? Because the business plan must make good sense and use the terminology that bankers, investors, and financial professionals use daily. The document needs to be written in an easily digestable manner. Numbers and estimates/projections must make good sense with respect to one another.

You see, just as a person's initial inpression is made to a company with a resume, the business plan is the owner/manager and company's first impression to those it desires to impress and partner with. In plain terms, FORM and CONTENT both matter.


Business Plan Content/ Atlanta - Nationwide


Your business plan developer knows what content is needed, and can tell you if you need more or less information for any given section of the plan. The business writer also has, or should have, the ability to formulate and share your content in a persuasive manner to secure exactly what you and your organization are asking for. That is what you want the proposal/plan for in the first place!

Now, if you are convinced that you need a business plan, you should be happy to go about the business of gathering the precise information that the plan's writer will need. It's not that difficult to do. But - What is it? 

This material includes the businesses' slogan, vision, mission, contact info and address; you and the management team's info and bios; the market info & target market specifics; the physical and online location; marketing plan & advertising means, financial facts and projections; operational and personnel info and requirements; the competition's facts and data; your  product/service/pricing information, and any photographs and graphs and charts that will help your cause. 

Most importantly, what is the purpose and goal of the business plan? How much capital do you need to obtain, and what are you planning to do with it?


Business Plan Expectations

Obviously, the business plan/proposal should obtain the financing and capital you need. However, the plan's usefullness does not end there. No way. The document serves to unite the company and its employees (top to bottom)  in maintaining the pursuit of the focus dicated in the company's mission statement. It serves to keep the organization on track in the future.

I hope this information is useful to you, the reader. If you should need any assistance with a business plan, feel free to contact me at Jimmy Hall Writing Services / Atlanta - Douglasville (404-580-1501) and I will be glad to work with and assist you.




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