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How to Write a Business Plan

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You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

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Use Milestones and Metrics to Turn Planning into Business GPS

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I often use steering as a metaphor for business planning. So too with running your own business, or starting a new one. Taking steering one step further, let’s suggest that good planning, with milestones and metrics, is something like steering with the aid of a GPS. Those are classic performance metrics.

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Developing a Business Plan for Strategic Growth

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The business plan for strategic growth is one of my favorites because it’s about core business decisions, steps, metrics, and making things happen. It matches my vision of business planning as ongoing management and steering a business. Milestones and metrics. Essential business numbers.

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How to Conduct a Plan Vs Actual Analysis With Spreadsheets

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As the next illustration shows, sales are located in cell D19 and the formula multiplies D20 (units) times D21 (price). Make sure the way you organize the sales forecast in rows or items or groups matches the way your accounting (or bookkeeping) tracks them. Accounting needs detail, while planning needs a summary.

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How to Write a Business Plan for a Fix-n-Flip Real Estate Company

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What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

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An Overview of Lean Business Planning

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A lean business plan does what every business owner and aspiring startup needs to manage strategy, tactics, execution, and essential business numbers. A lean business plan steers the company toward its goals, and also to tracking and managing progress, expectations, and accountability. Why lean ?

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Lean Business Planning with Tim Berry [VIDEO]

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We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

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