It seems complicated to make a business plan. If you are still wondering how to make a business plan you are in the right place. Read the post below.
The first question is if you even need a business plan? From my own experience, I know that a business plan is a necessary step to achieve anything. Without it, you will be failing, going backward and you won’t get any bigger results. You are here so I bet you know that you gotta make a business plan even if you are selling lollipops on the street.
A good business plan is a plan where you can see profits but you also can see losses. Don’t bother yourself with false thoughts that your business is brilliant and there won’t be any loss. Even the greatest business in the world have losses so you need to accept it if you want your business to grow.
A good business plan doesn’t focus only on the biggest goal but also focuses on small milestones that will take you and your business to the result you want. If you want your business plan to be good, you should actually focus more time and energy on the milestones between now and between your goal.
Your business plan is the path you take to achieve your goals and make you successful. It should be a clear path filled out with solutions and positivities. However, nothing comes easy and sometimes things go wrong.
When you write your business plan on a piece of paper I suggest you to to get another piece of paper and there you should write “What If” as a title. For example, if in your Business Plan you write “Make 20 sales with Google Ads and earn $10K in the next 60 days” on the “What If” paper you should write a solution where you can make $10K IF Google Ads won’t bring 20 sales.
This is how you create a problem-solving solution before the problem even appears. It’s important to write it on a separate piece of paper because your Good Business Plan should be clean and positive without words “what if”, “maybe” etc.
Some Entrepreneurs people write a business plan from the beginning to the biggest goal. I write and I believe that writing a business plan from the Biggest goal to the begging is more powerful and it comes easier to write it.
Simple 10 step Reversed Business Plan
1. Write your Biggest Goal
2. What you need to achieve and how can you achieve it to reach that goal.
3. 4th Milestone and how to achieve it.
4. 3rd Milestone and how to achieve it.
5. 2nd Milestone and how to achieve it.
6. 1st Milestone and how to achieve it.
7. Where to invest my money and why?
8. How much of my budget I can use.
9. What knowledge I have and what I need to learn?
10. What do I have to start a business now?
Of course, this is a very simple idea on how you can create your business plan. The actual plan needs to have more details and you need to know exactly how to run your business. But these 10 points are very important and can’t be skipped. I wanted to write a more detailed plan but there are articles about it and you can check them on the Entrepreneur website.
Have an awesome day my friend!