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Provides a practical and easy-to-follow guide for developing a business plan and follows a unique format that both explains what to do and demonstrates how to do it. This book is ideal for traditional classroom use and distributed learning, whether through online teaching and learning or when blended with classroom delivery.
Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.
Second edition, December, 2014.In its first year, about half of all businesses fail. Five years down the line, depending upon which study you look at, only 1 in 10 to 1 in 3 businesses are left standing. The main reasons businesses fail are no business plan and poor management. That is why this book covers both topics. However, this book goes beyond other books on these topics. The book not only provides a road map for writing a business plan, but also provides a strategy for writing a business plan. A business plan is both a strategic document and a sales document. It also provides the reader with a look into the skills, knowledge and personality of the business owner. Therefore, a good business plan is written to satisfy all of these uses. In addition, this book provides information on how to research and organize the information needed for a business plan, and has worksheets the entrepreneur can use to help make the process easier. Likewise, management topics such as strategic planning (SWOT analysis plus), advertising, branding, project management, customer service management, cash flow management, sales skills, business writing and more are explained, and a method is provided for each management skill that can be implemented and used in the business. There are worksheets for many of the management topics as well.While many business book writers know and cover business writing, it's amazing how few actually apply that knowledge to their business books. I do. The information in this book is presented in bullet points, assuring the reader that he or she does not have to wade through four paragraphs of writing to get a couple of key points. Even the size of the book is practical for the end user. An over-sized book might attract attention in the book store, but would make it difficult to copy and use the worksheets in the book. An under-sized book might demonstrate value by the sheer volume of pages (same amount of information, but more pages), but would mean compressing the worksheets into smaller sizes rendering them less useful.In addition to entrepreneurs, this book was written so that venues teaching entrepreneurship can use it as a text book. In fact, I have been teaching entrepreneurship courses since 1997. This book was written to be a stand alone book, to support my business plan mentoring service (I review the worksheets for clients), and to be a text book for my course, How to Start, Grow and Manage a Business.The book received a very good review from the Midwest Book Review:"Too many businesses are started without the experience needed to keep it alive and going. "Building a Successful Business" is Jay Goldberg's advice manual for those embarking on the entrepreneurial path, with tips on how to avoid the common pitfalls that strike many first time business owners. With advice on strategically planning your business, cautious advertising, business writing, managing the funds and more, "Building a Successful Business" is a strongly recommended pick for any first time business person."Author's personal note: While the review concentrated on new business owners, the book was written for both first time business owners and established business owners. Many people assume that established business owners are utilizing management tools to help ensure success. However, many do not and that is one reason for the high failure rate of existing businesses. My book provides management tools, with associated worksheets, that existing businesses can use to help them achieve or maintain success as well as tools and worksheets for new business owners.
How can all the nuts and bolts of a business be analyzed effectively in one comprehensive model and translated into a business plan? At various points in the life of a business, entrepreneurs will need to take stock of their ideas and plans and reformulate them in business and financial terms. How to Create a Successful Business Plan is about dynamic planning for businesses and provides a structured approach to business planning that focuses on the main components of the business model, while addressing key issues often raised by investors and potential business partners. It gives the company order and structure and helps managers optimize team integration and resources. The book provides a framework in which professionals from a broad range of backgrounds can work together on a successful business plan. Readers will find that the business model is discussed in depth, yet in accessible and easily understood terms. Contents:An Introduction to the Business Plan:What is a Business Plan?The Goals of the Business Plan ProcessPlanning the Business:Gathering Information and Analyzing the Business EnvironmentPlanningThe Written Business Plan:Writing the Business PlanConfidentiality and DisclosureGetting the Most Out of Your Business Plan:Promoting Your Business Plan Readership: Undergraduate and graduate business and management students; independent entrepreneurs; executives (in high-tech firms or in the more established industries); investors (such as angels or venture capitalists); and other potential business partners and service providers.
Dit is het e-book uittreksel behorend bij het boek 'The Successful Business Plan: secrets & strategies' (4e druk; ISBN 9780966963564 ) van Rhonda Abrams. Uittreksels van StudentsOnly bieden je een goede manier om de stof uit het boek nog sneller en makkelijker onder de knie te krijgen. Ze geven beknopt - in ca. 10% van het aantal pagina's van het boek - een compleet overzicht van alles wat belangrijk is. In het uittreksel wordt regelmatig naar pagina's, paragrafen, tabellen of figuren in het boek verwezen; het is dan ook moeilijk te gebruiken zonder het boek, maar des te beter samen met het boek. Bron: Flaptekst, uitgeversinformatie.
One of the most important steps in launching or expanding a venture is the creation of a business plan. The absence of a written business plan can lead to failure for new businesses, and inhibit growth and development. Based on methodology developed at Cranfield School of Management, The Business Plan Workbook takes a practical approach to the topic of business planning. Perfect for those growing businesses, as well as a range of academic and professional courses, this title takes the reader step-by-step through each phase of the development of a business plan, from creating a competitive business strategy to its writing and presentation. With 29 corresponding assignments that each includes case studies such as Hotmail, Cobra Beer, IKEA and Amazon, actively engaging questions and worksheets, it will enable you to validate your business idea, brand your business, research your market, and raise finance. This new edition includes an additional assignment covering online content, key words, SEO, Social Media, traffic tracking, affiliate marketing and online advertising. With a range of fresh case studies including BrewDog, Chilango and Honest Burgers, this fully updated ninth edition of The Business Plan Workbook is an invaluable and comprehensive guide to all aspects of business planning.
This book provides the essentials to write a successful business plan. The represented methods and best practices have been approved over many years in practice with many management consulting engagements. The book is beautifully structured, it has a pragmatic emphasis and an autodidactic approach. The reader gets acquainted with the skills and competencies as well as tools, required for the planning and development of the business plan project.
Business startup advice from the former president of the Ewing Marion Kaufmann Foundation and cofounder of Global Entrepreneurship Week and StartUp America, this “thoughtful study of ‘how businesses really start, grow, and prosper’...dispels quite a few business myths along the way” (Publishers Weekly). Carl Schramm, the man described by The Economist as “The Evangelist of Entrepreneurship,” has written a myth-busting guide packed with tools and techniques to help you get your big idea off the ground. Schramm believes that entrepreneurship has been misrepresented by the media, business books, university programs, and MBA courses. For example, despite the emphasis on the business plan in most business schools, some of the most successful companies in history—Apple, Microsoft, Google, Facebook, and hundreds of others—achieved success before they ever had a business plan. Burn the Business Plan punctures the myth of the cool, tech-savvy twenty-something entrepreneur with nothing to lose and venture capital to burn. In fact most people who start businesses are juggling careers and mortgages just like you. The average entrepreneur is actually thirty-nine years old, and the success rate of entrepreneurs over forty is five times higher than that of those under age thirty. Entrepreneurs who come out of the corporate world often have discovered a need for a product or service and have valuable contacts to help them get started. Filled with stories of successful entrepreneurs who drew on real-life experience rather than academic coursework, Burn the Business Plan is the guide to starting and running a business that will actually work for the rest of us.
Secrets to Writing a Successful Business Plan: A Pro Shares a Step-by-Step Guide to Creating a Plan that Gets Results by Hal Shelton will open your eyes to insider tips, hints, and techniques for creating a winning business plan and attaining funding. This second edition maintains the original laser focus on writing the plan. It also adds much material on the vibrant crowdfunding platforms as well as providing a new section on issues faced by early stage companies. Nearly 50 percent of new businesses fail within five years. A well-thought-out business plan can dramatically turn the odds in your favor. With this easy-to-follow guide, you will (1) Discover why you need a business plan and the best style for you, (2) Receive step-by-step guidance for creating each section of your plan, (3) Get proven strategies for obtaining bank loans and attracting investors, (4) Spend less time writing your plan and more time setting up your business, and (5) Learn how to create a business plan for a nonprofit This book is for entrepreneurs who are thinking of starting a small business or nonprofit, and for small business owners who want to grow an existing business or solve an operating problem. This book will also help if you are looking for assurance that you are headed in the right direction, seeking help with a section of your business plan that you do not understand, feeling that a section of your business plan is not robust enough and want pointers, or wanting to learn where and how to apply for funding. Entrepreneurs should always surround themselves with mentors and advisors, so you will also find ideas on where to find these valuable resources. The Secrets to Writing a Successful Business Plan is packed with actionable advice and real-life examples from Shelton's experience as a senior executive, SCORE small business mentor, and angel investor.
The one thing investors seek when funding new ideas - here's what to do if you want to turn your business into the next Apple. Having a great idea isn't enough to launch a multi-million-dollar business. Let's face it, investors don't put money in ideas. They need concrete evidence that they'll get return on their investment, and a good business plan gives them such information. Do you have a hard time figuring out how to get a business plan down on paper? Are you tired and confused by all the business jargon, just wanting a straightforward how-to guide outlining exactly what you need to do? Business plans are the heart and soul of a successful company - they give you focus and operational clarity that can kick major mistakes to the curb. No matter how good your business idea is, you will need a plan to create a solid foundation before going on the market or trying to get investors on board. Did you know that even science says you need a business plan to make your startup a success? One study found out that companies with a business plan grow 30% faster than competitors! In addition, startups with a business plan achieve more sustainable success in the long run. So, what's the secret to writing a business plan like a seasoned pro or a Fortune 500 company CEO? It's not something you'll learn in business school, as experience shows a completely different side of running a business. For best results, you need to learn from someone who's already been there and who has conquered the almighty business plan. In How to Write a Winning Business Plan, you will discover: What a business model canvas is and 4 reasons why you should be using it How a great idea dies in the absence of good organization and the one thing to do about it 9 business plan building blocks to put organizational specifics in place Surefire ways to overcome financial conundrums and secure the investment needed to help your business thrive Ways in which successful CEOs mitigate business startup risks A bulletproof technique to write a killer value proposition Tactics for pinpointing the right customers and reaching them through the power of marketing A comprehensive guide to understand your business model in a structured way How to analyze the competition if you want to benefit from some competitive advantage And much more. Most guides focusing on business plan creation are rather vague, abstract, and non-specific. By relying on those, you'll never put together a tailored strategic document that will set you up for success from day one. The methodology you'll find in How to Write a Winning Business Plan is derived from reality and analysis of the best corporate organizational approaches out there. It doesn't matter what field you operate in or how big you want to grow. This methodology is the way to understand your business better, putting together realistic expectations and goals for the future. If you want to learn the secrets to writing a winning business plan, then scroll up and click "Add to Cart" now.
