I meet so many people who are looking to raise capital for their business or they just want to write a business plan so that they can get their thoughts in place, so I decided to write a brief article about how to write a business plan.
If you are not convinced that you need a business plan then you need to read this article “6 Reasons Why You Need A Business Plan.”
If you are convinced you need one, let’s go out there and write a business plan real quick.
Step 1: Prepare a table of contents
Your table of contents is a template that will give your writing some direction.
You can research the internet for your table of contents or you can use the table of contents listed below. This will vary depending on your business. And, also feel free to customize it according to your needs.
- Executive Summary
- Products and Services
- Company Description
- Business Model
- SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
- Management Team
- Future Products
- Industry Analysis
- Exit Strategy
- Capital Required
- Uses of funds
- Projected Income Statement
- Projected Cash Flow Statement
- Projected Balance Sheet
- Exit Strategy
- Entity Structure
- Contact information
Step 2: Add information to your table of contents
Once you have your table of contents, all you need to do is add information into your table of contents.
This is only a basic process of writing a business plan. For a more detailed process of writing a business plan, read my book “How To Write A Business Plan For Astonishing Results. In Just 3 Days!”
About the author
Vinil Ramdev is an entrepreneur, business coach and author of the ebook “How To Write A Business Plan For Astonishing Results. In Just 3 Days!”
”Learn How to Write a Professional Business Plan
in JUST 3 days”
A step-by-step no non-sense guide to writing a business plan in 3 days or less!