The Difference Between Small Business Planning and a Business Plan

So, what’s your plan look like? You know, the plan for your business for the year? The quarter? The month? You do have one right? How will you know if you are successful?

Don’t panic. If you are like the majority of small business owners, you are not very good at planning. Not that you couldn’t be, you have just never taken the time to create a plan for your business. In fact, you wince at the thought of sitting down and trying to create a business plan. But that is where the problem is. There is a major difference between writing a business plan, and creating a simple plan for your business.

The traditional business plan is good for starting a complex business, or getting funding for a rapidly growing company, but for small and medium sized businesses, what they need is a simple business plan to run their business. A strategic, living document about what they expect to happen in the coming months or years, where they expect their business to go, and how they intend to get there.

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Writing a Business Plan – Distribution (Or, How Will You Get Your Product to the Customer?)

You want to write a business plan for your product but you don’t know where to start. Inside you’ll learn how to make a simple one sheet business plan.

Go get a piece of paper and a pen or better yet, print this article out.

1. What is Your Product or Service

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Business Plans – The Main Components That Go Into a Business Plan

“Have Business Plan or Bust”

More than ever, it’s vital to have a plan for your business. And, I’m not speaking about having a marketing strategy just for when starting a new enterprise or making use of it for a business loan. Every business, new and established, must periodically re-evaluate their current plan to see if targets are being met or if they’ve changed and what the brand new strategies are.

Without planning and a strategy, an organization is simply “guessing” and has nothing solid with information on paper regarding the business’ successful attainment of goals.

Do You Know What a Business Plan Really Is and Does?

» Read more: Business Plans – The Main Components That Go Into a Business Plan