Question:
I need to prepare simple business plan, I am new to this, can somebody direct me, how to prepare, what are the keypoints I have to highlight?

Answer:
A business plan starts out with an idea. Assuming you have an idea of what you want to convert into cash flow, here are the steps you need to take.

If, on the other-hand, you simply want a business plan to get a loan, or a patent or to make a quick buck, I can't help.

Start out by finding out if your idea will sell:

Make sure your product/idea will sell at a price that will leave you a margin. Today's greatest tool is free and is something old time marketing people only a year or so ago could only dream of. Create a long list of keywords that you will be using in your advertising copy. Go to and under the special search function click closed items only and input your keywords. You will see what the market has paid for items such as yours over the last couple of weeks. Do this every two weeks as you go through your development process. Sony never sell their products based on the old and obsolete MBA based manufacturing cost formulas. They sell them at PERCEIVED value by the consumer, and then they create manufacturing/distribution systems to achieve these targets. With eBay, you are at par with Sony's marketing gurus.

Once you have proven that you have something people will buy, then go to the next phase of market/business planning by following the step by step procedure outlined here: - This is a no cost, no fee, no come-on's, nothing to sell site funded by the California Colleges Intensive Entrepreneurial Training program.

If you have never created a business plan before, I would recommend you check out .  This has a ton of free sample business plans that you can use as an outline.  I actually used Business Plan Pro () when developing my business plan because it included a couple of sample plans that I could use as a baseline.  It was worthwhile to me and it's a great place to start if you are looking for help with your business plan.