I Need A Business Plan - So Write One

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A Business Plan is a necessity to see where you are going. Not only that, it can highlight where you have been. Are you on track to attaining your goals?

Benjamin Franklin once said, "Failing to plan is planning to fail". This statement is still true today.

It does not matter how big or small your business is you should still write your business plan.

I did not know how to write a business plan! I Googled 'How to write a Business Plan' and was flooded with results. Some good some bad, as is always the case. You will find many offers of short-cut templates. More research followed.

What I learnt was this: If you want to write a good Business Plan, if you write a Business Plan specifically for your business model, then you must write it yourself. This is one job you should not get "Off-the-shelf" or outsource to someone else. Only you know your business model. It is you that understands your goals.

This realisation leads me to my next problem. I have never written a Business Plan before, and I don't know how to write one.

The solution to this problem is to learn how to write a business plan. What is a business plan? I found a Udemy course that resonates with me, and I understand. There are many resources online for learning how to write a business plan, some free; some come at a cost. You could also look for online recommendations for teach-yourself books. Try them yourself and find which one works for you.

I am now in the process of learning how to write my business plan, and I am now "Planning to succeed"!

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Recent Comments

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Business plan is very vital part of any business. Don't make it too long. By writing your business plan well you must go through your business idea carefully and that helps you to think what kind or results you are expecting from your business, really. If you can put your business plan into one A4-size paper that is excellent. Then you know what you are really doing.

if you don't plan it - how do you know what you are going to do?
Well done for finding the course and progressing Paul.
just out of interest what is the course?
Phil

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