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Monday, July 14, 2008

About Small Business Info: Uncommon Uses of Business Planning

About.com   Small Business Info
In the Spotlight | More Topics | Top Picks |
  from Darrell Zahorsky
Business planning is often thought as a process for businesses seeking venture capital or bank loans. Given the current state of the money markets, one would be hard pressed in finding financing with a business plan. But business plans are much more than a cash raising instrument. When the economy takes a sudden shift, a business plan can help you read adjust your assumptions and put your business back on track. For those seeking money, tapping the business plan competition circuit can aid in feeding your cash starved company. The Chicago City Treasurer's Office is sponsoring a business plan competition for start-up and existing small businesses with a $5,000 top prize. A simple web search can locate the competitions in your area or industry.

 
In the Spotlight
5 Common Business Plan MIstakes
There are many errors made by inexperienced business plan writers or business owners who fail to see why their plan wasn't accepted. But on the other side of the table, the following mistakes are common...

 
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Critical Steps to Writing a Business Plan
Writing a business plan can be an overwhelming task. These feelings often translate into immobilization or confusion as to how to start the business plan. Starting a business plan begins with the first step

 
Create A Money Winning Business Plan Outline
A business plan outline is the second most important starting point once you've pre-determined your audience. The business plan outline should be prepared before the actual research and writing of the business plan. Once your outline has been set; organize your research files around the layout of your plan.

 
 
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Top Picks - Top Business Plan Books  from your Retailing Guide
Many books have been written on starting a business and the necessity of writing an effective business plan. Each book in our list of recommended business plan books, is devoted solely to the topic. Some have forms and outlines, others have sample business plans for you to review. These are the best step-by-step guides on content, presentation and execution of a business plan still in print today.

1) Writing a Convincing Business Plan
This book offers a step-by-step detailed description on how to draw up a business plan for presentation to potential partners, investors and backers. Focusing on the needs of active business owners, managers, and organizers, the authors demonstrate that the best way to increase chances of business success is by starting with a carefully researched business plan. (Barrons Educational Series Inc)

2) The Complete Book of Business Plans
This guide will show you how to write a winning business plan, eliminate the frustration of starting a new business, expand your current enterprise--or even get cash out of your existing business. Joseph A. Covello and Brian J. Hazelgren reveal the secrets of creating a powerful, winning business plan based on their more than two decades of combined experience writing business plans. (Sourcebooks Inc)

3) The Complete Idiot's Guide to Business Plans
This book has everything business owners need to create a clear and comprehensive business plan, including guidance on the important decisions that must be made before drafting a plan, sample business plans and more. (Alpha Books)

 
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Get tips for making life easier whenever you have to travel for work. Find out how to get the best seats, enjoy your flights, de-stress when you fly and much more.

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