How To Write A Business Plan?

Question:
Please, anyone can tell me how to write a business plan? Where I should start? What kind of issues I should emphasize more? Where I can get information about writing business plan?

Answer:
I am smack in the middle of getting an art import business off the ground.  I am also a student and have been using this semester's class to research and write my business plan.

There is piles of information available at the public library and also at the business library of any college.

The resource I value the most is a successful business person who is willing to read my plan and then ask those tough questions.  

The books give direction and examples.  A successful business person (not in the same field you are trying to enter) will ask questions you  haven't thought of or have assumed an answer to.  Don't be afraid to try to find a mentor.
Start with your library. There are books there. Also, there is a lot of - software that walks you through such as Biz Plan Builder by Jian. Finally, - call the SBA S.C.O.R.E. or their small business Development centers. - You'll get all the help you need, at no cost. Good Luck. Check too and see if your city has anything like a small business resource center. Many areas support such centers. They are good sources of information.

Contact your local Small Business Administration office or, if available, your local Small Business Development Center.  For help *right now*, what follows is a list of questions we give to new business owners.  If you can answer them, in depth, you are well on your way to having a usable business plan:

1. Describe your business in the future when it is successful: sales volume, net earnings, types of customers, employees, geography covered, products and facilities.

2. Evaluate your unique qualifications to successfully run this specific business.

3. What is your immediate, and future, competitive advantage?

4. Profile the characteristics of 12 prospective customers whom you have interviewed and observed.

5. What will efficiently catch the buying attention of your prospective customer?

6. What are the key design features of your promotional copy?

7. What does a break-even ysis tell you your cost per unit should be? (This unit could be hours for a service business.)

8. Beyond service and price, what unique conveniences will distinguish your business?

9. Construct an 18-month cash budget.

10. If you need additional resources or capital, what is your "pitch"?


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