Hello. Are you interested in business plans? Join the
crowd. Everyone considering a new business venture or an expansion, whether in
Atlanta or NYC, knows they need a business plan; and, venture capitalists and
even creditors find the basic information on business plans valuable in
determining the wisdom and practicality of providing capital to the
entrepreneur(s).
However, few people apart from business plan consultantsand business plan writers know exactly what should be included, or how it
should be organized and formulated to be persuasive. It needs to be pretty
thorough, but also concise enough to be read and understood easily. Nobody
wants every little detail, but everyone wants all the basics and then some.
Obviously, all initial contact information and likely
business addresses should be included, and the entrepreneur should have a good
idea of how
much money will initially be needed and for what - financials. Then
what?
The mission is another key concept. You must understand
exactly what business you are in and what its purpose is, day in and day out. What
products and services will help the mission and vision to constantly be
fulfilled? What about service and day to day operations? A slogan or motto?
Preparing a business plan requires some information and
data gathering, and the hiring of a good business plan consultant or business
plan writer to properly organize and craft the business blueprint. Business
writing is a special talent.
You might have a neat and original idea, but does it
truly feel a need? Who is the target market? Where are they, and how large is
the group? How can you market and cater/distribute your products and services
to them? Online?
How large of a sales staff will be required? Techniques? Is there much competition or are
there similar items already on the market? Can the business obtain a solid
market share? Branding?
As if this is not enough, reasonable sales expectations,
revenue, and expense projections should be developed for a 3 – 5 year span.
What are anticipated profits and losses? Have a decent idea, because Atlanta is
a competitive area.
And, what about the organization’s ability to adapt to
change? What are the strengths, weaknesses, opportunities, and threats of this
venture? (SWOT Analysis.) What about new products or expansion? Is there a
backup plan?
New ventures and expansions need to be looked at and
viewed from all angles to ensure a high probability of success, and financial
stability. Ventures should have a strong management team and a staff of quality
individuals that are dedicated to the organization, its values, and the people
running it.
It is very important that the business plan writer be given
your unique ideas and general information to write and word your plan for you.
At Jimmy Hall Writing Services/Atlanta (404-580-1501) I am
such a business writer. I write well, and hold two business degrees and an
English minor. (You are welcomed to link to this piece, and to contact me if
you need a plan writer.)
No comments:
Post a Comment