How to Write a Business Plan

What do you need to put in a business plan? There are four information sections you definitely need to include when making a business plan:

1) A Description of the business
2) Marketing Plans for your business
3) Financing Plans for your business
4) Management and Operating Plans


The addenda of your business plan should include an executive summary, supporting documents, and sound financial projections.

There is no single formula for the structure expected in a business plan, but most of the competing outlines have many of the same elements in common including marketing plans, financing plans, operating procedures, break even analysis, and 3-year projections.

Why talk about it to much? Why waste time? The key is just to start doing it according to any of these formulas since most of them have the same elements in common!

How?

It's simple. Buy a piece of software for less than $90, such as the Palo Alto Business Plan creator, and then just follow the directions step by step. Then you'll have a business plan in no time. You can find top rated business plan software here on amazon.com:

This is the quickest way to create an acceptable standard business plan. Don't go to some consultant who is going to charge you $1000, $2000, $5000 or more. Just work through everything first and then you always have the option of going to someone later. The key is to get started by filling in the blanks, because a business consultant is going to ask you for the same information anyway, and charge you for the time. So cut your costs, if you do desire to hire an outside professional, by using a piece of software such as Palo Alto to structure and guide your information gathering and organization in the first place.

Don't be afraid to pay $90 for a piece of software that will get you started on a problem that is holding you up. Using software to get you going is like doing your homework. It's not that hard; writing a business plan just requires that you start filling in the blanks, and this software will help you organize your thoughts and guide you into gathering whatever information you must.

So there you have it. Five minutes on how to write a business plan. Just buy the software and follow the steps. That's better advice than reading dozens of web articles.

My advice? Just DO IT!