According to U.S. Small Business Administration, a business plan will be central to how you start, grow and develop your business.
Here are 5 reasons why you need a business plan:
1. It will help you steer your business as you start and grow.
Think of a business plan as a GPS to get your business going. A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan like a GPS for how to structure, run, and grow your new business. It’s a way to think through and detail all the key elements of how your business will run.
2. It’s not as hard as you think.
A business plan is a written tool about your business that projects 3-5 years ahead and outlines the path your business intends to take to make money and grow revenue. Think of it as a living project for your business, and not as a one-time document. Break it down into mini-plans – one for sales and marketing, one for pricing, one for operations, and so on.
3. It will help you to reach business milestones.
A well-thought-out business plan helps you to step back and think objectively about the key elements of your business and informs your decision making as you move forward. It is essential whether you need to secure a business loan or not. Keep in mind that the plan does not have to be like an encyclopedia and does not have to have all the answers.
4. It can help you get funding.
Business plans can help you get funding or bring on new business partners.
Having one in place will help investors feel confident that they will see a return on their investment. Your business plan is the tool you will use to persuade others that working with you (or investing in your business) is a smart decision.
5. There’s no wrong way to write a business plan.
There is no right or wrong way to write a business plan. You can pick a plan format that works best for you. What’s important is that your business plan meets your needs. Most business plans fall into one of two common categories: traditional or lean startup.
Here are 5 reasons why you need a business plan:
1. It will help you steer your business as you start and grow.
Think of a business plan as a GPS to get your business going. A good business plan guides you through each stage of starting and managing your business. You’ll use your business plan like a GPS for how to structure, run, and grow your new business. It’s a way to think through and detail all the key elements of how your business will run.
2. It’s not as hard as you think.
A business plan is a written tool about your business that projects 3-5 years ahead and outlines the path your business intends to take to make money and grow revenue. Think of it as a living project for your business, and not as a one-time document. Break it down into mini-plans – one for sales and marketing, one for pricing, one for operations, and so on.
3. It will help you to reach business milestones.
A well-thought-out business plan helps you to step back and think objectively about the key elements of your business and informs your decision making as you move forward. It is essential whether you need to secure a business loan or not. Keep in mind that the plan does not have to be like an encyclopedia and does not have to have all the answers.
4. It can help you get funding.
Business plans can help you get funding or bring on new business partners.
Having one in place will help investors feel confident that they will see a return on their investment. Your business plan is the tool you will use to persuade others that working with you (or investing in your business) is a smart decision.
5. There’s no wrong way to write a business plan.
There is no right or wrong way to write a business plan. You can pick a plan format that works best for you. What’s important is that your business plan meets your needs. Most business plans fall into one of two common categories: traditional or lean startup.
Why are business plans so important?
Other than the 5 reasons mentioned by SBA, there so many other reasons
why you should have one. Such as:
Other than the 5 reasons mentioned by SBA, there so many other reasons
why you should have one. Such as:
| ■ | To prove that you are serious about your business; |
| ■ | To better understand your competitors and customers |
| ■ | To assess the feasibility of your venture |
| ■ | To determine financial needs |
Why you don't have one yet?
| O | YOU DON'T HAVE THE TIME |
| O | YOU DON'T KNOW WHAT TO WRITE |
| O | YOU DON'T KNOW FINANCIALS |
| O | Any or all of the above |
We are here to help you get started with your dream business.
Below are our Available Ready-Made Business Plan Templates
For the Health care Industry :
Item # 4.1: Medical Practice in PDF. . . . . . . . . . . . . . . . . . . . . . . .
Medical Practice, A $50 value : PDF 57 pages, No MS Excel included
Item # 4.2: Medical Practice with Excel Financials. . . . . . . . . . . .
Medical Practice, A $150 value : MS-Word with excel Financials - Customizable
Click image to enlarge
Item # 4.3: Medical Billing in PDF. . . . . . . . . . . . . . . . . . . . . . . . . . .
Medial Billing, A $50 value: PDF 68 pages, No MS Excel included
Item # 4.4: Medical Billing with Excel Financials. . . . . . . . . . . . . . . . .
Medical Billing, A $150 value : MS-Word with Excel Financials - Customizable. . . . .
Click image to enlarge
For the Health care Industry :
Item # 4.1: Medical Practice in PDF. . . . . . . . . . . . . . . . . . . . . . . .
Medical Practice, A $50 value : PDF 57 pages, No MS Excel included
Item # 4.2: Medical Practice with Excel Financials. . . . . . . . . . . .
Medical Practice, A $150 value : MS-Word with excel Financials - Customizable
Click image to enlarge
Item # 4.3: Medical Billing in PDF. . . . . . . . . . . . . . . . . . . . . . . . . . .
Medial Billing, A $50 value: PDF 68 pages, No MS Excel included
Item # 4.4: Medical Billing with Excel Financials. . . . . . . . . . . . . . . . .
Medical Billing, A $150 value : MS-Word with Excel Financials - Customizable. . . . .
Click image to enlarge
We are currently developing more Business Plan Template for some Health Occupation. Will be put up here once available. In progress now: Chiropractors and Dental clinics.
To follow :
Occupational Therapists, Opticians, Optometrists Pharmacists, Physical Therapists, Physicians and Surgeons, Podiatrists,Speech-Language Pathologists, Veterinarians.
Please contact us on whatever your dream business to do.
We can help build your Business Plan for whatever you need it for.
Thanks.
To follow :
Occupational Therapists, Opticians, Optometrists Pharmacists, Physical Therapists, Physicians and Surgeons, Podiatrists,Speech-Language Pathologists, Veterinarians.
Please contact us on whatever your dream business to do.
We can help build your Business Plan for whatever you need it for.
Thanks.
