Business Plan

The secret of business is to know something that nobody else knows

Business Plan

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FAQ

Frequently Asked Questions

Do I need a business plan?

Yes, regardless of whether you need to raise finance or not a business plan is a vital part of giving your new business idea the best chance of succeeding.  Writing a plan helps to give you focus and acts as a map as you set off on your start-up journey. 

What goes into a business plan?

Your business plan should include details of what your business or service is, who your customers will be and why they will buy from you.  You will also need to include assumptions around how much people will buy and where you will market your product or service. 

How Do I Implement the Business Plan?

Implement small pieces of work, working ON the business every week.  156 weeks of small pieces of work will increase the probability that the 3-year vision is achieved.

Is Measurement really that important with a business plan?

Yes! Measurement sets you up for SUCCESS because it, an it alone, allows you to ask the 2 most POWERFUL question in business…Why as in why did this happen and what do I do about it or how do I fix it?

Is a Marketing Plan part of a business plan or is it a separate plan?

A Marketing Plan is a subset of a Business Plan.

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