Investor Perspective: How to Write a Killer Business Plan

The Startup Magazine

Startups with a solid business plan and great pitch deck have a far greater chance of gaining investment. In this essay by one of Mercia’s Fund Principals, Ian Wilson, Ian talks about the sorts of things he and the team are looking for when plans come to them for review.

How to Write a Business Plan for a Cannabis Company

Up and Running

One of our Bplans writers described going into business in cannabis as a “ once-in-a-generation opportunity ,” with the product rapidly becoming legal for recreational as well as medical use in many states. You can choose from a few different types of business plans depending on your needs.

5 Tips To Create A Business Plan That Investors Love?

YFS Magazine

At some point in your life as an entrepreneur, you’ll need a business plan. In fact, any time you need to raise outside funding, you’ll need to present a plan for investors or lenders.??.

Developing a Business Plan for Strategic Growth

Up and Running

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.

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

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. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf.

Financing Your Startup

YoungUpstarts

Starting a business sometimes seems as simple as launching a website and creating a Facebook page. Without the right funding, most businesses run out of money quickly. Determining how to finance your business is an important decision with big consequences. Debt Financing.

How to Write a Nonprofit Business Plan

Up and Running

Starting and running a nonprofit is an exhilarating experience, but it also requires thoughtful planning and execution to be successful. Nonprofit organizations share many overlapping needs with traditional for-profit ventures, including the need for a good business plan.

A Business Plan is for You First, Then for Investors

Startup Professionals Musings

Every investor I know is frustrated with the poor quality of the business plans they get. This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store.

What Type of Business Plan Do I Need?

Up and Running

Unsure what kind of business plan you need? And also, what real business owners want—lean business plans for better management. In this article, we’re going to help you figure out which plan is the one for you. All businesses start with a lean plan.

Don't write a business plan

A Smart Bear: Startups and Marketing for Geeks

"You need a business plan" is the mantra of MBA types. As they say , businesses don't plan to fail, they fail to plan! Let's do some quotes: "Without a business plan, how will you know whether you can make a profit?" ( source ). "A

Why Business Plan Writers Are a Waste of Money

Up and Running

I’ve been quite vocal with my concern that farming your business plan out is usually a bad idea. A business plan is not a one-time task— it’s an ongoing practice. Real companies with real business plans review and revise them often.

The Difference between Debt Financing and Equity Financing: Which Is Right For You?

YoungUpstarts

Getting the capital you need to run your business can be a struggle for any business owner. When you’re looking for extra funds, there are typically two options: debt financing and equity financing. Debt Financing. They are for established businesses.

20 Reasons Why You Need a Business Plan

Growthink Blog

Below are our top 20 reasons why you need a business plan. Reference our proven business plan template to most quickly and easily complete your plan. To prove that you’re serious about your business. To establish business milestones. Business Plannin

3 Types of Export Business Plans

Up and Running

Now you’re ready to get organized and create your own plan. To keep the process manageable, let’s look at three different types of sample template plans, each with distinct advantages for business people with different needs. The traditional-export business plan.

Episode 9: Lean Business Planning with Tim Berry | The Bcast

Up and Running

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Listen to Episode 9: Show notes: What is Lean Planning? Free Download: The One Page Business Pitch Template.

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7 Necessary Components For Your New Business Plan

YoungUpstarts

If you’re starting a new business, do not take one more sip of coffee, one more step and spend one penny before you write your business plan. The executive summary is the first and most important part of your business plan. Thinking Aloud business plan

What Makes a Business Plan More than Just Strategy and Wishful Thinking?

Up and Running

What’s the value of a business plan? How do you build decisions and action into your business plan? What makes a business plan more than just strategy and wishful thinking? See Also How to Develop Your Business Strategy.

No One Wins In Business Plan Competitions

Steve Blank

Last week one of the schools I teach at invited me to judge a business plan contest. I suggested that they first might want to read my post on why business plans are a poor planning and execution tool for startups. Business Plan Versus Business Models.

How to use your business plan

Up and Running

Bill Payne had a nice post on gust.com late last month titled Using your business plan , in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context.

How to Write a Business Plan for an Outpatient Medical Practice

Up and Running

Private practices can be lucrative, although it requires you to spend time building relationships with patients while also attending to all business processes that are part of running your practice. There are a few different types of business plans , depending on how you intend to use it.

10 Good Reasons For Business Planning

Up and Running

Our thanks to Small Business Trends and the Young Entrepreneur Council 10 Reasons Why You Should Write A Business Plan. the fact is that a business plan — even just a one-pager with a few financial projections — can be a valuable internal tool.

Effective Ways To Obtain Small Business Financing

YoungUpstarts

When you open up a small business, the obvious goal is to make money. Most businesses need startup capital to get up and running in order to properly sustain and grow their operations. Unfortunately, new small business owners don’t typically know about their different financing options.

Begin with the End in Mind: Include Your Business Exit in Your Business Plan

Up and Running

While some entrepreneurs think it’s unnecessary to write a business plan—especially if outside financing is not needed—I highly disagree. The disciplined process of business planning helps owners and managers foresee both opportunities and problems before they arise.

What Lenders Look for in a Business Plan

Up and Running

Tweet Your business plan is the foundation of your business. It’s also an invaluable tool when it comes time to apply for a business loan. When lenders ask for a business plan, they are looking specifically for the following items: History of the business.

How to Write a Business Plan for Raising Venture Capital

Growthink Blog

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check?

How to Write a Business Plan

Business Plan Blog

Read about How to Write a Business Plan. A business idea is not enough to build a successful business. Ideas are everywhere, but successful businesses are not. The difference lies in having a solid business model and business strategies around your great idea.

Small Business and Startups: Thinking About Business Plans (again)

crowdSPRING Blog

I am thinking about starting a new business and beginning to focus on planning, financing, marketing, launching and operating the thing. But, I have been thinking a lot about what I would do differently and that would start with the business plan itself.

Financing Your Business? Consider An SBA Loan

YoungUpstarts

Small business is the backbone of the U.S. Small Business Administration (SBA) Office of Advocacy. Many small businesses find success working with the SBA, which sets guidelines for loans made by third-party partners such as banks and community development organizations.

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New Early Stage Financing Options for Entrepreneurs

Startup Professionals Musings

For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Business accelerator. Despite these pundits, I sense a fundamental change in the early-stage financing eco-system.

5 tips to getting small business financing

Up and Running

It’s no secret that small businesses can have a hard time getting financing. Demonstrate that your business generates steady cash flow. Cash is still king and is also a key predictor of a business’ health and prospects for the future. Prove business judgment.

Business Planning as Budgeting and What to Watch For

Up and Running

Although I think he’s aiming mostly at personal budgets, there’s a lot there that applies very well to business budgeting and the business planning process that every business can use. Make plans based on reality, not on your idealized life.

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

Up and Running

Flipping homes makes for good reality TV, but it can also make for good business. What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. Check out Bplans’ real estate company sample business plans for inspiration.

Why Business Plans Can Actually Hurt Business Progress

Mike Michalowicz

The first rule of thumb for any entrepreneur is to sit down and write a business plan, right? After all, that’s what all the “experts” and many business start-up books say. Heck, it actually seems like a right of passage for anyone that even thinks of starting a business.

Business Planning or Bookkeeping? Do Both.

Up and Running

some of the details): I’m fairly confident on the business strategy I’ve written, but I am not very well trained in the financial P & L planning side. I can create a sales plan, but below the margin line seems a little fuzzy although I get the big picture.

Financing Acquisitions: Keys to Structuring the Deal And Obtaining The Funding

YoungUpstarts

Think of financing an acquisition as an exercise with two parts that work in concert: 1) structuring a desired deal with a suitable target and 2) obtaining the funding. Value the target acquisition as a standalone business first. by Kenneth H.

Q&A: Can You Recommend a Business Plan Writer?

Up and Running

I’m amazed how often I still get emails asking me to either write a business plan or recommend a business plan writer for somebody who has a great idea and mistakenly thinks having a business plan done for them, by a supposed expert, will sell that idea to investors. Your business plan is the key to what you say in the pitch, and how quickly you can respond to questions. Investors want you, not an outsider, to plan your business.

How I Built My Dream Business Debt-Free

YFS Magazine

If you have a dream you want to pursue without the pressure of debt, here are three ways to build your dream business, debt-free. Finance Grow Plan bootstrapping business planning starting a business startup advice

Smart Finance Decisions For Your Start-up Business

YoungUpstarts

Your decisions about finance may have the biggest impact on the success or failure of your company. You can use these tools to monitor your finances and make informed decisions. Critical tools for financial planning. Funding source : Many businesses need a funding source.

How do US venture capital firms view an entrepreneur who decides to go for funding to the US with a business plan, and then will need a visa?

Gust

The most important is that venture capital firms simply do not fund business plans. Invested Interests business plan entrepreneurs startups US venture capital firms visa The disappointing fact is that this is a highly, highly unlikely scenario, for several reasons. They fund companies.

Do You Really Require a New Business Plan Going Into 2012?

Up and Running

million businesses nationwide. Whether you are a new small business about to unveil itself, or a business that has been around for some time, you will often be asked about your business plan. Simply put, the business plan involves the business owner laying out in detail how they will go about placing their company in a strong position in the marketplace, how they will finance their operation, and how they plan to earn a good return on investment (ROI).

New Early Stage Financing Options for Entrepreneurs

Gust

For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Business accelerator. Despite these pundits, I sense a fundamental change in the early-stage financing eco-system.

Visualizing Success For Your Business: 3 Tips Before You Seek Financing

YoungUpstarts

By Jay DesMarteau, head of small business and government banking distribution for TD Bank. economy saw the reversal of a troubling downward trend in small business development that began in 2010. Develop a business plan.

Writing a Social Enterprise Business Plan

Business Plan Blog

Writing a business plan serves two main purposes: providing the guide for your business internally and communicating the value of your business externally. A social enterprise business plan however, is aimed at a blended audience.