What invaluable resources we can get from the internet? How amazing and how fortunate we are to find such resources in our finger tips!
I will be attaching very short videos from “Start-Up School”.
“Start-up School is essential viewing if you are thinking of starting a business. Start-up School, developed in partnership with the Dublin Business Innovation Centre is a series of video master classes that break down the key steps needed to be taken, when starting a business. In this video Sandra Reynolds of the Dublin Business Innovation Centre talks about ‘The Business Plan’.”
The topic of the first one I am attaching here is: The Business Plan.
the purpose of A Business Plan is to set a Clear Road Map for your business and a document to secure finances. The business plan should include:
An Executive Summary
Business and Pricing Model
Sales Forecast needs to be realistic.
Do not over-promise. Under promise, but over deliver
Think of the reader when you write your business plan.
Keep your executive summary to one page
Remember: ‘Your business plan is “a Living Document”‘
Keep your plan 20 to 25 pages; put the rest in the appendix.