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Once you have looked over some sample plans
and have an idea of what style plan you want to write, it's
time to get started. Experts say it can take between two and
eight weeks to write a truly comprehensive, quality business
plan. There is much to be done, between gathering supporting
documents, writing down all the inspiration that's been floating
around in your head, and asking others to review it to make
sure it makes sense to someone who is not so close to it.
That may seem like a great deal of time to
spend on a single plan, but remember, you will be able to
not only use this plan to get funding and get underway, but
also to remind yourself, as you progress in your business,
of where you have been and where you are trying to go. There
are many tools available to help you take that plan from the
idea stage to a finished product. Here are some examples of
what¹s out there:
° Download free demo versions of Business
Plan Pro, Marketing Plan Pro and Cash Plan Pro from BPlans.com.
Palo Alto Software developed these packages, and the demos
will help you determine if you want to take the next step
and actually buy some software to develop your plans. This
site also offers a MiniPlan function that allows you to put
together a test plan for your idea. It includes a test of
your objectives, helps you define a mission and other helpful
steps.
The SBA has an extremely helpful business
plan tutorial located on the web at www.sba.gov.
This tutorial, which can be downloaded or viewed as a text
file, walks you through each step of the business plan writing
process with explanatory text and questions that you should
be able to answer. This tutorial goes beyond basic plan writing
to in-depth coverage of strategies for marketing and reaching
out to consumers and a comprehensive discussion of financial
planning for your business.
Links to several helpful articles, including
"Creating Your Business Plan," "Structuring Your Business
Plan" and "Planning for Profits" are located at BusinessTown.com.
Invest-Tech offers a white paper on business
planning located at PlanWare.com
It includes a downloadable (in Microsoft Word format) of a
36-page business plan guide and template, but also has good
advice on why you need a plan and how to work on each stage
of the plan. The site includes a free financial planner at
PlanWare.com
and shareware versions of some of the software offered by
this company, including Exl-Plan, a Microsoft Excel-based
program that helps you project revenue and expenses for your
business' first five years.
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