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Preparing Your Business Plan

Whether you are writing your business plan for the first time or rewriting it for the twentieth, there are certain steps you can follow in order to make the process easier.

Step 1 - Identify your objectives. The first step in preparing your business plan is to determine who your audience is going to be and what they want to know about your company. Then, you must determine what you want your audience to know. What are the areas you want to emphasize? What are the ones you want to downplay or eliminate? Once you have resolved any conflicts between these two viewpoints, you are ready to move to Step 2.

Step 2 - Outline your business plan. Now that you have identified your objectives, you can begin preparing an outline of your business plan based on these special requirements. An outline can be as general or as specific as you would like. However, the more specific it is, the easier the writing process will be.

Step 3 - Review your outline....

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Title: Preparing Your Business Plan
Approximate word count: 475
Approximate pages: 2 (250 words per double-spaced page)

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