Business Plans: Business Plan Functions/Atlanta 404-580-1501

Almost everyone/group planning a new business venture knows a business plan (and business plan writer/business plan developer) or business blueprint is generally needed and required. The odd thing is that they do not always know exactly why!

Business Plan Functions

This page about business plans/blueprints will explain WHY, and present the real functions of business plans. The concept is simple, but plan writing is not. Like web content, business plan information must be functional and attract, inform, explain, and persuade or convert the reader to join onboard.

A business plan should ideally give all of the “who, what, when, where, why, and how’s” of a new business or organization – or the expansion of an existing one. At Jimmy Hall Writing Services (404-580-1501) I write them.

Business Blueprints Differentiate

The Business Blueprint differentiates the entrepreneur’s idea from others, presenting a (hopefully) unique way to provide products and services to customers and clients; but it also gives basics for standard things.

Business Financing: Based On Business Plan Information

However, a business plan also functions and used extensively for financial funding. This funding comes in the form of investments or loans or grants. (Grants require a special type of proposal, fairly expensive.)

Potential venture capitalists usually just want to know the basics about a business (a mini-business plan), whereas financial institutions providing loans desire a full-length business plan.

Business Blueprints Serve Like Peoples Resumes

The business plan/blueprint to the business entrepreneur is like a resume to a worker. It is a snapshot of what is, and what is potentially to come. It is not just a matter of strengths, weaknesses, opportunities, and threats – but also a concise (but often detailed) presentation of why the idea is a good one and how it will make money (or accomplish other goals).

Realistically, the plan or business blueprint demonstrates how investors make money and how creditors are repaid with interest – BUT, also precisely how the entity will operate and exactly what the structure and mission are to be in the short and long-run.

Businesses Change

After the financing is arranged, the business plan should constantly be consulted to keep the organization on track and functioning optimally – businesses change and often grow.

The plan/document should be updated every year or so with the ever-changing modern times. Again, it is more than a means to get financing.

Jimmy Hall (404-580-1501).  I’d like to help you or your organization with your business writing needs.