Q: Can You Help Make Writing a Business Plan Less Intimidating?
A: A business plan isn't about the document itself, but rather the discovery process you use to create it. The plan's goal is to clearly demonstrate the viability of your business to generate revenue and turn a profit. Your plan needs to state the business case for the business itself, discuss marketplace, financials, SWOT analysis and much more. It's a lot to think about!
When you are ready to start your business plan, create manageable goals and hold yourself accountable for meeting deadlines.
- Don't attempt to write your plan all at once. Create an outline that will serve as a guide for you to build from, and keep your plan well-organized.
- Block out time each week to write a specific section of the plan.
- Use online tools and templates offered by SCORE here.
- Get feedback along the way - from trusted friends, partners, and from your SCORE mentor.