The one-page business plan is the key to getting your business up and running quickly.
I’ll get to where the 93.5 inches come from.
The One Page Business Plan Advantage
Most people start a business without a plan. Those who make a business plan sometimes spend months on the plan and never get to start their business.
I’m a big fan of planning. If you don’t plan, you will never move your business forward. That being said, you really need to start doing business to make a plan that pays off.
A one-page business plan can help you define what you’re going to do, who you’re going to do it for, and how much you’ll charge, but don’t get bogged down in five-year finances, etc.
The one-page plan: when to use it
If you are trying to obtain financing for your business from banks, investment bankers, or angel investors, you will need a complete business plan. At that time, I would recommend that you hire a professional plan writer at that time. If you are simply trying to start a business, you have a few decisions to make. Who will you sell to? How much will you sell for? What will be your measure of success? And so on. The One Page Business Plan: The Questions
List of Question
This is a list of questions to answer in your one page business plan. Answer them with a sentence or two, in the order I have them here.
What product or service will you offer? Describe your average customer? Describe your ideal customer? How much will you charge for your product or service? How much will the product or service cost to produce? What will your profit be? What volume (how many sales) will you need to break even (profit – expense = 0)? How much do you need from the business to survive (your minimum income)? What will be your measure of success (your salary, number of clients, etc.)? Is your goal to build the business and run it for years or build it and sell it? What is your company’s mission statement (based on the information above)? No answer should be more than 25 words. In other words, imagine that you need to post this information on Twitter. The One Page Business Plan: Implementation
The key to your one-page plan is the same as everything else I’m talking about here: Get going.
Now you know who you want to sell to, how much you want to sell things for, and how much you need to do to break even and be successful.
That is the map, now set out on the journey.
The One Page Business Plan: 93 ½ Square Inches of Success
Lao Tzu said, “The journey of a thousand miles begins with the first step.” Well, his new business journey begins with 93.5 square inches, the area of a single 8.5 x 11 sheet of paper. Learn more secrets on how you can make money from a home business by simply clicking here now. Here, Jake Oliver reveals exactly what he discovered as he went from struggling in his home business to being successful in just a few short months.