A business plan is a written description of your business's future, 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 or a napkin describing your business strategy, you've written a plan, or at least the germ of one.
Business Plan are inherently strategic. A business plan describes your business planning and strategy. How 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 plan shows how you will get from here to there.
To start, don’t swallow the obsolete idea that the business plan must be a long, formal document, as if it were some term paper you have to write. That’s not true anymore. While every business has huge benefits to gain from going through the business planning process, only a small subset needs the formal business plan document required for seeking investors or supporting a commercial loan. In your business plan you must plan out what you will need to start your business from licensing, equipment, products, location and most of all marketing, branding and advertising.
If you need a business plan please contact us here at Push Marketing today.