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Writing a business plan... any tips?

Posted on 1/24/17 at 11:50 am
Posted by Masterag
'Round Dallas
Member since Sep 2014
18806 posts
Posted on 1/24/17 at 11:50 am
One of my old coworkers and I want to start a business, but neither of us has any startup experience. any advice would be great!

Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/24/17 at 12:59 pm to
quote:

Writing a business plan... any tips?


Write a really good one
Posted by AlexLSU
Member since Jan 2005
25341 posts
Posted on 1/24/17 at 1:28 pm to
Find companies you want to emulate in your industry and search for their business plans online, or generic ones that apply to your industry. Lots of info online. I'm sure there's hundreds of books on the matter as well.
Posted by Masterag
'Round Dallas
Member since Sep 2014
18806 posts
Posted on 1/24/17 at 1:39 pm to
quote:

Find companies you want to emulate in your industry and search for their business plans online,


good info. we're niche, but i know there are a few out there. thanks!
Posted by Tshiz
Idaho
Member since Jul 2013
7580 posts
Posted on 1/24/17 at 2:13 pm to
Google outlines, fill in the blanks, review, repeat.
Posted by rmc
Truth or Consequences
Member since Sep 2004
26514 posts
Posted on 1/25/17 at 7:10 am to
When I did what I consider to be a very half assed one back last year I started with a "macro" approach and fleshed each section of the plan out to the point of writing some clear and concise job descriptions and almost went as far as writing SOPs for each employee on how to do their job.

Use conservative numbers. You won't know the cost of every thing that is required to do business, but hopefully you can get a ball park figure in.

Are you going to use this plan for any purpose other than internally for you and your business partner?
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