thought that a sample business plan
can help you in EVERY instance where
business plan writing
is required, you might be surprised to learn that it
isn’t. There are certain situations
where using a sample plan won’t give you the best results. Here are a few of those.
If the Investor You Are Approaching, Has
investors will have a specific format or list of requirements that you need to
fulfil when submitting a plan. If you veer off that list of requirements when
you submit your plan, you run the risk of irritating the investor, and that’s
the last thing you want to do.
considering submitting a plan to any specific investor or VC company, you want
to make sure that you follow their requirements to the letter. Which means that even if you think your
awesome idea requires fifty pages to fully be explained, if they want ten,
you’re going to need to whittle it down!
If Your Business Is Completely New and Unique
business idea is so new, and so cutting edge, that it’s never been done before,
then you probably won’t find a sample business plan that matches it. You may, however, find one that’s similar, or
you could use a combination of a few sample business plans for complimentary
industries to mix and match the sections you need for your own plan.
remember that a sample business plan is a guideline – and that you can use more
than one to get all the sections you need for a particular business type. You don’t have to follow them religiously,
and you don’t need to use only one.
If You Don’t Have An Idea Yet
business plan can do many things – but it cannot give you good ideas! Don’t
start looking for sample business plans, books on business planning, business
plan templates or anything else until you have a solid idea. For one thing, you won’t be able to find the
right sample, and for another, it’s impossible to do the amount of research
necessary to craft a decent plan if you have no idea what you’ll be doing!
still looking for ideas, you’d do better to look on business forums on the
internet, or even take a drive around your neighbourhood, to see what’s
If You Don’t Feel Comfortable Creating Your Own
sure you can’t create your own business plan, either because you can’t write,
or you just don’t think you have the skill, then a sample business plan alone
probably isn’t the solution.
business planning software, hiring a freelancer, or a business planning
template instead. All of those options will give you a little more help, and
help to ensure that the final product is what you want.
Plenty of Business Plan Help and Tools
news is that there are plenty of business planning tools, tips and
professionals out there, and no matter what your idea or your budget, you
should be able to find something that will help you create the plan that will
kick-start your business.
Treat it as
a process, start small and work at it steadily, and by the time you are
finished, you should have a business plan that will open doors for you!