No, you're not a lawyer, or a storekeeper, or a bread maker, or a painter, or a business consultant, or a television repair service, or a delivery service, or an advertising agency. However, your business plan is more than insurance. And they particularly don't want to feel that their hard-earned cash is going on unnecessary glitz. An investor who knows this fact but doesn t see any mention of it in your plan may suspect you ve lost your senses and who could blame her?
Analyze your professional attributes
The
middleman in capitalism's
distribution channel, wholesalers act as intermediaries between manufacturers and retailers or consumers. Yet
they stay in
business and keep doing what they know how to do because they don't know what else to do, how to fix it, and can't afford to try anything else. People
want to know
what's happening: sales, customers, profit, changes, opportunities, growth, or expansion. But
most sales occur
on the fifth, sixth, or seventh call.
Spot the trends first
Investors
are looking to
back impressive winners, and quantifiable results speak strongly to businesspeople of all stripes. Managerial
decisions are future
oriented, and an interactive business context limits the value of linear extrapolation from the past. Today,
however, business
has become a contest in which the quickest perception wins, thus transforming the counting room into a battle ground upon which brain matches brain for supremacy and success. Imagine
that it s
five years from now.
You get to know what your markets want by knowing them
In
large corporations with
strict planning routines requiring annual, semiannual, and quarterly plans and plan updates, managers spend at least part of their time working on or thinking about a new plan or plan update. Companies
that have salespeople
focused on helping customers increase their odds of getting more profitable sales. It
is important to
know what you re paying for to determine if you re getting your money s worth. Do
home remodel customers
want the lowest price or piece of mind?
What do you do to keep customers?
It
can be tempting
to pack slides or presentation boards with extra information to look smart or give the audience extra value. If
you have ample
experience, make it part of your selling proposition. Your
extra investment of
time will significantly improve your chances for funding.The process of writing your business plan helps you take a thorough, careful, and comprehensive look at the most important facets of your business, including the contexts in which it operates. Excellent
companies are run
by a boss who takes and makes time to be the leader instead of a doer.
As a business owner, what are your top three priorities?
He
invents tools and
machinery to assist him in his work, and while he multiplies the processes of production he also enormously increases the results. Business
plans are inherently
strategic. In
most cases, you
want to have products and services that people can get quickly. Step
out largely and
conspicuously.