A business plan is essential for every entrepreneur, but if it is your first time doing one, it can be tricky. Business owners discuss when they refer to how long it should be, but usually with a page you can cover all the needs at the beginning and organize to start.
Do not worry, you can not go wrong when you start with a one page plan and you are adding things as your business grows. Just remember that the worst business plan is the one you never took the trouble to write. Do not let fear keep you from starting.
Here are five easy steps to creating a one page business plan:
1. Begin with your vision.
Start the plan thinking about the end. You must communicate in front of where you want to take your business to set the tone of your plan. Do you want to make it grow for you to sell? Do you want it to be a legacy that lasts a lifetime? What is your great focus for the ultimate goal? It is important to start with the last stage in mind. Your vision should sum up that too.
2. Formalize your mission.
You know what your vision is, now you need to describe what you are going to do to get it in a brief and accessible way. You must show this statement so that you and your team can see it and remember why they do what they do every day.
3. List your goals.
Think of them as bullets that you plan to accomplish. For example, "Master at least 10% of my niche market by 2016" or human resources goals such as "Hire a full-time graphic designer by the end of the year." It should be the big goals you want to achieve with a specific time to do it.
4. Set your strategies.
These will describe how you plan to achieve your goals. What is a marketing plan? Sales Strategies? Would you devote your time to research and development? What strategies will you follow to achieve your goals?
5. Create an action plan.
You have the objective, you have decided to use a strategy, what steps will you follow to ensure that your business maintains that momentum to reach it and achieve the manifestation of your great vision? They should be short-term actions and daily tasks, things you can start doing now to reach your final goal.
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