After years of writing blogs, I’ve learned that the best way to get people to read your stuff is to make it personal. So here’s me, making it personal:
I’m an entrepreneur. And I’m a writer.
I’ve been writing for money — as a freelancer and in-house copywriter — for about 15 years now. But I’ve also been running my own businesses since high school. The first one was a lawn mowing business; the second was a small publishing company; the third was a web design business; the fourth was an online marketing agency.
I say this because it’s important to know who you’re talking to when you write a business plan. If you’re an entrepreneur like me, then there’s no question that you are reading this because you want help getting your idea off the ground or growing your existing business into something bigger and better than what it is today.
Business plan for entrepreneur
A business plan is a written document that describes your business and its future. It is a tool to help you think through your goals, strategies, and actions. It also helps you:
Become aware of your strengths and weaknesses
Make plans for the future
Build your confidence in yourself
Get acquainted with the language and concepts of business planning
Develop a plan that is appropriate for your particular situation
The business plan is a document that describes the nature of the business and its financial background.
It is a detailed plan that covers all aspects of a company’s operations and outlines its goals, strategies and tactics. A good business plan provides an overview of the company’s mission, history, competitive advantages and objectives for growth.
All businesses need a business plan — even if it’s just a simple one-page document. A business plan helps you define your goals and objectives, which in turn helps you keep focused on what you’re trying to accomplish. Your business plan should be revised regularly as your company grows or changes direction.
A well-written business plan can provide the following benefits:
Identify opportunities: A well-crafted business plan will map out all possible opportunities for your company’s growth and expansion by identifying potential markets, customers, suppliers, employees and other resources needed to support your venture. It will also help you set realistic goals so that you know when you’ve accomplished your objective.
Set priorities: You’ll know what needs to be done first in order to reach your overall goal because everything in the plan will be prioritized according to its importance to reaching that goal. This can help prevent confusion about which tasks need immediate attention versus those that can wait
Entrepreneurship is the act of starting and operating a business. An entrepreneur is an individual who has a great idea for a new product or service, and can bring that idea to life by making it happen.
Business plans are used to help entrepreneurs get funding for their business, and to help them manage it once they start up. A business plan should include:
The mission statement for the company
An overview of your industry, including information about competitors and other companies in your field
Your target market – who you want to sell to, and how much money you want them to spend on your products or services
A description of your company’s products or services
A financial plan that shows how much money you need for startup costs, how much revenue you expect from sales, and how much profit you expect over time
Writing a business plan is an essential step in starting your own company.
A business plan will help you to:
– Identify your target market and customers
– Know what you’re going to sell
– Set out the marketing strategy for your product or service
– Determine the cost of production or delivery
– Estimate profit margins and sales forecasts
Business Plan
The purpose of this business plan is to provide an overview of my proposed business, the goals I have set, and the strategies I will use to achieve these goals.
My name is _____________ and I am a __________ student at ___________ High School in ___________, California. This is my first year starting my own business and I am very excited about it!
My company will be called “_________________” and it will be a small family owned coffee shop. The location will be at ____________________ where there are many other coffee shops nearby like Starbucks, Dunkin Donuts, Jamba Juice, etc. My customers will consist of students from school as well as adults from the community. The target audience for this type of business is teenagers between the ages of 13-18 years old and adults between 18-50 years old. Most of them have money to spend on food or drinks when they’re out with friends or family members on weekend nights or during lunch time at work.
My goal is to make money by selling beverages such as lattes, hot chocolate, smoothies, cappuccinos, etc., as well as food items such as sandwiches & salads. To achieve this goal I plan on having a