Business plan

[tongyun]

When you created your web-based business, did you develop a business plan or was it more along the lines of fly by the seat of your pants method. My wife and I created a plan/flowchart that we've used to get our business going and it provides some comfort in know that we are moving forward.

 

[jamesb]

When I started my previous online business which I since have sold, I did create a business plan. This was very important as I needed it to get investment from investors.

 

[gwenpinay]

I can't imagine starting a business without a plan. That's almost like pouring cash in to a bottomless pit. Without a plan, you never really know where you're going. What good is a business without direction?

 

[jamesb]

You are absolutely correct Gwen. One important part of starting and running any business is that you must stay focused on your goals and this is best done through a proper business plan.

 

[gwenpinay]

And, it's not rocket-science. You don't have to be a business major or an accountant to write your own business plan. I found some useful video tutorials on the SBA website previously. It's actually quite simple - and tedious.

 

[jamesb]

I agree partly with you. Although most people could write a basic business plan, if you are looking for a large amount of investment or a big loan then you really should have a professional business plan made.

 

[crimson]

Having a business plan should be prioritized with out it there is no direction and no goals to be set. If you are just moving with the flow I guess this boat will start sinking.

 

[heather]

I began my business with little more than a basic outline of a business plan, but thankfully it worked for me. I was able to beef it out a little at a time, but at the same time it helped keep me on track without being so strict that I would miss opportunities.

 

[Safa]

It is a very good idea to make a business plan also if you are already started, just make sure you change it to reflect your business while it is growing.


I found a very good site for examples of business plans, balance sheets and much more which I hope can help some to get started with it.


Template Gallery | SCORE


It is completly free so use it..

 

[tongyun]

Yeah, I'm kind of embarrassed to admit that my wife and I started without a business plan in mind. We've come to the conclusion that we need to put one together even though we've started marketing our product. Better late than never, right?

 

[jackwilson]

Hi, i think planning should start way before starting a business so that plan could be closest to perfection to avoid unnecessary delays.


Jack Wilson