Entrepreneurs often shirk in horror at the very thought of writing their business plan. Below are five tips from authors Brian Hill and Dee Power to get you off to a great start.
1) Rome Wasn't Planned, Funded, and Built in One Day
The process of putting together a coherent business plan will probably take longer that you estimate (an incoherent business plan on the other hand can take as little as 20 minutes).
2) Smaller Bites Are More Digestible
Start the plan with an outline. By breaking the large task down into smaller components, the task will not seem as daunting. Then list the smaller components with completion target dates
3) Pick A Section, Any Section
If you have never written a business plan before, you may have difficulty getting the project started. To get the plan moving, start with the section that is easiest for you, or of most interest.
4) Spend Quality Time With Your Plan.
People often underestimate the effort and energy it takes to write a business plan. They try to write it at night or when everything else at work is finished. A better approach is to write the plan when you have energy available to put into it: go in early and think and write for an hour before the phones start ringing.
5) You Deserve A Break Today.
Put the draft away for a few days, come back to it fresh, and begin revising and rewriting. Magically, after several more revisions, the ideas will all come together and the language of the plan will flow.
Copyright All rights reserved world wide by Dee Power
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