Killer Business Plans

How to write killer business plans for your startup home business company?

An article from guest blog writer, Matt Press, Splash Copywriters, looking at how to write killer business plans for your business.

Matt Press Splash Copywriters

Matt Press – Splash Copywriters

You may have the best idea on the planet for your new startup company but without an equally awesome killer business plan, you will not get very far.

You see, running a successful business, whether from home or otherwise,  involves far more than simply having a great product or service to market. You need to set out realistic objectives and leave no stone unturned as far as details are concerned.

Without a killer business plan, you will also struggle to convince the bank to lend you any funds.

So here we take a close look at how you can develop a business plan that, when followed, will give you the very best chance of making a real go of it, and then some!

  1. Take it seriously and show some structure

Just remember that this is what you have wanted to do for ages and by constructing a killer business plan that shows you are not fooling around, you will be giving yourself the very best chance. If your plans are reliant on getting capital, ensure that your plan has plenty of financial information that adds up correctly.

You will need at least 3 pages of summary in your plan and another 25 pages or so regarding the investment potential.

2. Complication isn’t clever

Stay nice and concise whenever possible because nobody likes to feel out of step when reading about their potential investments. Explain exactly what it is that your home based business is all about and leave no stone unturned. If you are struggling to do this, well maybe you need to take a step back and look at your own plans first.

Killer Business Plans

Killer Business Plans

3. Pitch on paper and be realistic

You need to show how you intend to make your business work in words because not many investors will have time to listen to a personal pitch in their office. Mention all of the key points and don’t be afraid to talk about your threats and even your fears if you have any. If your business has been running for a while and has hit hard times, be upfront about these so long as you can come up with valid reasons for the slump.

Also remember that your potential investors are intelligent business people and they will know instantly if you are trying to fool them into parting with their funds. You also have to be able to deliver on your promises so don’t risk making ones that are unrealistic.

Good luck with your home business planning!

Mark Ford

Mark Ford

Mark FordMark Ford, Home Business Coach, Entrepreneur, Digital Marketer & Information Publishing.

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Thought for the day: it is important that you have a killer business plan but it isn’t the be all and end all. What matters is to learn how to build your home business foundations and drive traffic to your websites using the internet.

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About Mark Ford

Home business lifestyle and blogging coaching with Mark Ford, loyally stepping up for others SO THAT they are given inner peace. Many people live the life they think they have to live. They are overworked, underpaid, and unfulfilled. But the good news is that it doesn't have to be this way. My name is Mark Ford and my goal is to help you recognize your potential and equip you with the skills you need to turn that potential into a viable online home business in the digital economy. We have to stop making excuses and make it happen, whatever that is for you? > Read my story at http://markfordsblog.com/about-mark-ford/
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