Business Plan in 9 Steps

August 2, 2010 · Posted in Business Advices, Business Education · Comment 

What should you include a business plan that captures your attention? After talking with several investors, all of them said the same thing: If he catches me in less than three minutes, the plan is good. That is, all investors give you an attention span of a few seconds for them to sell your idea. To do this, do your business plan or business plan in 9 easy steps. Do you think that is not enough? Entrepreneur magazine offers longer alternative. But if you do it longer is because you want….

A good business plan must have:

1. Give it a name: the name of your business idea should be attractive. Do not leave anything to discard. Take into account your type of business. Is it a private company public, a project? Is small, large, medium?.

2. Geographical situation: where is your business idea? Will you carry it out in your city or another?. Will an international project? If so, describe all the places where will your business.

3. Project Description: Try to describe your project in a concise manner. Put in this paragraph all products or services that claim to have your company and your main view (where you want to come). Even if your idea is very simple or very complicated, try to draw it so that it is more understandable.

4. Description of the target: Set if individuals or not, if a local, national or international, housewives, business (large, medium or small), public sector, etc… …

5. Highlight the added value of your business: This step is very important. Here you must show why your company is better than the others. Think about this: What gives your business that will make others earn (money, time, comfort, quality …)? If I do win something, and that way, you’re the only thing I can offer, I’ll buy.

6. Vision: Describe where you want to go. Many times the end is what justifies the means.

7. Describe the team: A business must always be initiated by someone. Describes who is leading the project, even if you’re the owner. For example: Who / is promoting the project is / are (and describe the qualities of the person or team, for example, are an experienced team of information technology and management teams.) Mario Diaz, a graduate in Economics from the University Juan Carlos I, with more than five years of experience in…….. Sara Bosch, has a degree in Computer Science and MBA from ESADE, with over 7 years experience in computer programming business.

8. What do you need and what you have?
It is the first thing they’ll ask. Many entrepreneurs go with the idea of asking, but rarely mention him by fear. Concisely describes what you need your project to be initiated. And do not talk about money, but concrete things such as: For the opening of the business need two seats, one in Madrid and one in Buenos Aires. To function properly, we created an intranet and CRM crossing our services and customer base. Investors know how to calculate the size of the project, even without figures.

9. Investment required and Recovery: Describes the initial investment by breaking down the most important: local, empowerment, equipment (or computer equipment), maintenance and development of equipment, staff costs, other.