Real Business Plans

Real Business Plans-73
Video: What Investors Really Think About Your Business Plan.

Video: What Investors Really Think About Your Business Plan.At our Entrepreneur magazine Roundtable, financial pros offer tough talk about the business plans of first-time entrepreneurs: Related: What Investors Really Think About Your Business Plan Video: How Can I Hire Someone to Help Write My Business Plan?Before we get into the how-to, let’s take a deeper look into what writing a plan will do for you.

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Enable readers to quickly find the main sections of the plan, without having to wade through tables and charts that go on for pages and pages.

A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.

A business plan is very much like a proposal, except for at least one big difference.

The business plan seeks to start a new business or significantly expand an existing business.

Remember that these sections are only typical and not necessarily in any required order.

For your plan, you'll need to think about the best sequencing of the sections and about other sections that might also be necessary. In planning your business plan, remember that you try to provide whatever information the audience may need to consider your idea.

This chapter should not be viewed as a definitive guide for writing a real-world business plan.

Many of the elements of the plans resemble those of the proposal—particularly the qualifications and background sections.

A proposal, on the other hand, might bid to do the development work for some specific computer game.

In a technical writing course, treat a business-plan project as a writing project, not as a real-world business plan.

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