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Business Planning: Dress and Grow Your Business Plan

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Business Planning: Dress and Grow Your Business Plan

By Tim Berry, Guest Blogger
Published: February 12, 2010 Updated: December 12, 2011

 

As your company grows, your planning grows. As you grow, if you add people to your team, then you want to bring them into the process, and make sure you’re on the same page. You bring in skills.

The business gets more complex as it grows. Cash flow gets more sophisticated. You start to manage the money and administration differently.

Or you have a business plan event. You want or need to present a complete formal business plan, or the elevator speech, or the pitch presentation, or summary memo.

That’s what this section is about. Grow it and dress it as needed.

 

About the Author:

Tim Berry

Guest Blogger

Founder and Chairman of Palo Alto Software and bplans.com, on twitter as Timberry, blogging at timberry.bplans.com. His collected posts are at blog.timberry.com. Stanford MBA. Married 44 years, father of 5. Author of business plan software Business Plan Pro and www.liveplan.com and books including The Plan As You Go Business Plan, published by Entrepreneur Press, 2008.

Comments:

I really appreciate your thoughts on this. I agree 100% in writing stuff down and record keeping. I have always been the type of person to take notes and keep records so I can look back on where I was 6 months ago and see what direction I need to go in today.
Communication creates perception and modern day business is built and run on perception. Hence a clear and precise perception of the firm should be created.
I do not plan on writing sharp , but I understand want a successful plan not just rely on one person to have multiple people doing the planning and development will become more complete
Excellent information and facts. Only real difficulty I was basically receiving was viewing the pics. No idea exactly why.
Informative post! It is well known that with single player you can not with cricket match. You must have proper members or partners to grow your business properly. A well known fact also "one swallow doesn't make a summer". So for running a business add more people to your business, once the people will grow, the entire business will grow.
Thanks the author for the informative video. In my opinion, 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 describing your business strategy, you've written a plan, or at least the germ of a plan.
Clear communication is so important to making sure everyone is on the same page. Sometimes it's better to over-communicate than to not communicate enough. Everyone has a different viewpoint and everyone interprets information differently. So vitally important to be on the same page.
This is a great post.It is very use full to every one whose started new business.A good business will be develop with good thoughts and god ideas.In business both the money and administration differently.we manage both of them.Before starting a business we must know about the Clearly define the target audience Determine its requirements in relation to the contents and levels of detail Map out the plan's structure (contents page) Decide on the likely length of the plan Identify all the main issues to be addressed. I am happy to share my thoughts through this post .I am really appreciate this post. regards. bizworldusa
Aw, this was a really nice post. In thought I would like to put in writing like this additionally ?taking time and precise effort to make an excellent article?however what can I say?I procrastinate alot and on no account appear to get something done.
Thanks Sir, it’s better now. I used it on one of my newest projects and i love it. Thanks.

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