This guide will help you to write a business plan.
A business plan is a picture of your business - and it should reflect the best of your company.
If you have a business idea, you must research your field of business and set your goals.
You must write down all your goals and consider your available resources.
For a new business, you should use future projections on the basis of real facts, and if you are already running a business, past reports would be included.
This guide was created by library intern Mansoor Ahmad, School of Business, Class of 2013.
Do you have an idea for a business?
Do you own a business?
Do you have specific goals for your business?
Write a Business Plan!
A business plan is a written description of your business’ future. It is a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you’ve written a plan, or at least the beginning of a plan.
Business plans are inherently strategic. You start here - with certain resources and abilities. You want to get to there - a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities, as well as greater profitability and increased assets.
Your business plan shows how you will get from here to there.