How to Write a Business Plan in Five Steps.

Written by Dave Miller


Continued from page 1

a. Operating statements.

b. Cash flow forecasts.

c. Balance sheets.

Optionally include:

d. Various ratios (loan to value, debt service coverage, etc.)

In addition torepparttar above, you should usually include a "Source and Use of Funds" showingrepparttar 104574 sources ofrepparttar 104575 initial capital and on what it will be spent.

By this point you're either sure you have a winner (differing from "a sure winner" in that you recognizerepparttar 104576 obstacles but are prepared to work through them) or you are going back torepparttar 104577 drawing board to rethink your project. If you "have a winner", step four is:

4. Writerepparttar 104578 plan. Obviously, you need to be able to use good grammar and spelling. You should be clear, concise and complete. Fill your plan with compelling facts gleaned from your research. Do not avoidrepparttar 104579 W and T from your SWOT analysis, rather, describe in detail how you will deal with them. Avoid platitudes and your own opinions - everyone knows that you likerepparttar 104580 idea, readers need facts to determine if they like it. Try to keep your answers as short as possible while still giving complete information. Withrepparttar 104581 exception ofrepparttar 104582 Executive Summary, keep your answers somewhat dry and factual - "short, sweet and torepparttar 104583 point".

The Executive Summary, onrepparttar 104584 other hand, is where you "sellrepparttar 104585 sizzle". It is here that you makerepparttar 104586 claim that yours is a dynamic project that deserves full consideration. You need to compel your reader to read your plan and tell them why you are excited aboutrepparttar 104587 project.

There are likely as many ways to compile a business plan as there are authors of them. A sample outline is at http://www.fundableplans.com/sample_business_plan.pdf . (It requires Adobe Reader to view and includes our logo which is not included in our plans.) You will want to attach to your plan copies of documents referenced in it and historical data onrepparttar 104588 business (if it is not a startup).

You've now donerepparttar 104589 lions share ofrepparttar 104590 work leaving only step five:

5. Review and revise. The review should be first byrepparttar 104591 author(s) and then by trusted advisors -repparttar 104592 more people that you can get to review your planrepparttar 104593 more likely you are to find any problems before they are found by a reader.

Followrepparttar 104594 preceding steps and you will have a business plan that will get read and, hopefully, funded. If you have questions about business plans, please feel free to contact me usingrepparttar 104595 below e-mail link.

Dave Miller is a business consultant and the creator of FundablePlans.com, an online business plan builder at http://www.fundableplans.com . He can be reached at dave@fundableplans.com .


Earn money with home business utilizing internet.

Written by Perry Saevik


Continued from page 1

Believe me, you can make a lot of money with affiliate programs, if you pickrepparttar right product and do your part to promote it! As for which programs would be best for you, I advise that you concentrate your efforts by picking top quality products that hold some personal interest to you.

Remember, you are starting a business! If it's not a business that holds your interest, you won't be in business very long.

Internet business is relatively new, but it is dramatically increasing. And remember, every day thousands of new persons entersrepparttar 104573 internet for their first time. They are people of today wanting to do business inrepparttar 104574 modern way, just like you.

Compared with what you can earn with an internet business, there is not much money you need to spend to starting it. As said above, you marketrepparttar 104575 affiliate program with your homepage.

You think it will be difficult to enter this technology? Not necessarily, help is available, search and you will find. There are persons onrepparttar 104576 net who are willing to help you. They have foundrepparttar 104577 valuable companies withrepparttar 104578 correct products, may be you don’t even need to pay forrepparttar 104579 work with making your side up and go. If you understandrepparttar 104580 MLM (Multi Level Marketing), you know that you can be part of a world wide team which are sellingrepparttar 104581 same products, torepparttar 104582 benefit of them all. Try them, they will welcome you and are there to help you.

The author like to share his knowledge of e-business with you! His homepage is showing the best rated home business opportunities, the latest time saving tools, also giving F-R-E-E support with starting an e-business. You’re welcome to get ideas at http://www.work246.com


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