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How do I write a short business plan?

How to write a business plan?

  • I would like to start my own business, but I don't know how to write a business plan. I don't even know where to begin. Are there people or companies out there that can write a business plan for me? If so is it really expensive? Please don't send me spam email or bogus loan offers. I am truly not interested in that kind of help.

  • Answer:

    I agree with above. There are probably tens of far more important things to do when starting a business. Start, for example, testing your entrepreneurial characteristics (see the article below) ?! Then, test your business model (explained below). Is there a demand for your products or services? Is there a room for your company in the market (in terms of competition)? Find out. Then, go ahead and find your first customer(s).. If it still feels good, start looking investors, in case you need more capital to boost your expansion. Only at that stage you may need a formal business plan.

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You'd may as well ask the meaning of life.... First, why do you need a business plan? If you are starting a sole-proprietorship with your own capital, then it's not even needed. If you do need it for investors, it's a very bad idea to have someone else do it for you. Investors will have questions for you about your business plan that you will NEED to answer in a way that shows you understand your business, and the industry inside and out. In general, if you don't know where to begin with a business plan, then you don't know where to begin with your business.

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