No time for writing a long business plan? Just like other business planners, you might be struggling with the same problem. As you know having a business plan is imperative. Thus you must know how to manage your time while writing it. It is quite surprising but not impossible to write down a perfect business plan within one hour.
It was well said that “If you don’t write when you don’t have time for it, you won’t write when you do have time for It.”, so just follow the tips given in this article and complete writing your business plan in less than an hour.
Also read: 6 significant reasons behind business plan
Sample business plans
Using a sample business plan is a great time saver as it provides you a ready to use a framework and you just need to fill up your information in it. Be careful of choosing an ideal sample that suits your business type and also fulfills your purpose.
Short and crisp business plan
Having a long and descriptive type of business plan is now considered very old- fashioned. So, you must try to make it concise, light and easy to bind. In this way, you can get an appropriate business plan without any hassle.
One page business overview
Instead of explaining your ideas and business in different pages, you can outline it in an overview. It is a better way to combine the whole matter within a single page so that you and your customers can read it out at once. It is not important to use more words to explain your business, what is required is to clearly state the problem your business intends to resolve and how, explain your product and service and how it will add value to the lives of your customer.
Marketing strategy that hits the mark
Doing market research and analyzing customer response takes a hell lot of time. Instead, it is always better to outsource the same. This way you will get a readymade data and information about your target customer and the ways to reach them. The research will also provide you with an insight into your competition.
Now, you just need to combine all this information and include in your business plan.
Financial information
There are softwares available on the internet wherein you need to fill up the basic financial data like sales, price and cost. These softwares h andle the rest of the job for you. They will automatically prepare your income statement, financial ratios and future financial projections. These ways you save on both time and cost of using an expert for the same.
Follow these simple tips to write the business plan without any hassle and get started with your own business.
Also read: How to write your business plan?
