10 Steps to a Finished Business Plan

Posted on January 16, 2009. Filed under: business plan, How To, Small Business | Tags: , , , , |

Have you wanted to write a business plan but you just have not gotten around to it? It is on your to do list, but other more pressing items keep you busy.  Maybe you even started writing it, but then you stop.  You know the business plan is important to the success of your business. It is the roadmap for your business and it helps to identify opportunities and potential risks. You know this yet you still don’t have a business plan. You are not alone.

There are many reasons why business owners don’t have a plan. Common reasons include not knowing where to start, the belief that a plan is only necessary if you need money or the fear of not doing it correctly. The benefits of having a business plan outweigh the reasons not to write one.

So to help you move forward, follow these 10 steps and you can have a completed business plan.

Step 1 : Identify the Roadblock-Recognize that there may be something holding you back from accomplishing your goal of a finished business plan.  Identify what is stopping you.

Step 2: Make It a Priority-Schedule time to work on the plan and stick with your schedule.

Step 3: Create an Outline-Get Organized and make an outline for each section of the plan.

Step 4: Start Somewhere-Pick a task that is easier for you and start there so you develop some momentum.

Step 5: Establish a System of Accountability-Recruit a friend, partner, business coach or support group to keep you moving forward.

Step 6: Break It Down-Don’t try to complete the plan all at once.  Break it into smaller, manageable tasks.

Step 7: Take Action Every Day-The more you do it, the more comfortable it will become.

Step 8: Get the Information You Need-Do your research, but watch out for information overload.

Step 9: Reward Yourself-Recognize your accomplishments by giving yourself rewards at different parts of the process.

Step 10: Get Help If You Need It-Know that there is plenty of help out there for you.  Send me your comments and questions about your business plan.

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