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Do I Need a Business Plan?
There are no exceptions or defendable excuses. All businesses need a business plan that is regularly reviewed, whether you are starting a new business or growing your business.
What is a business plan?
It’s like a blueprint, it should illustrate your business’s mission, vision, goals, and strategies to achieve those goals.
It should be smart, concise, measurable and easily communicated.
It can be used in various situations:
What should a good business plan include?
1. Executive Summary
2. Business background
3. Businesses directional pull
4. Market research
5. Marketing plan
6. Operations and production
7. Financial analysis
8. Implementation timetable
9. Supporting documentation
Who can help me put together a realistic and successful business plan?
There have been many books that have been written about how to effectively plan and create a business plan. You can also find hundreds of blog posts, templates, and articles on the Internet.
Although these can be helpful, it is hard to navigate through all the information and accurately apply it to your business. Every business is different and requires a unique business plan tailored to them.
Why is it so important that I get my business plan right?
It’s so much more than the write up of a document.
Fitzpatrick Group will help you define and align your business and personal goals by creating a clear picture of where you are, where you want to go and how you can get there.
Check out another recent blog in this category.
Ready to work on your business plan?