Using a blank template for your business plan?   May be a great idea to do so!  Don’t give it too much thought initially…

 Case Study Example:

 Greg Harding was looking to start up a venture with some fellow colleagues within telecom, and wanted to pencil in a quick plan to use for guidance.  He was looking to start an online cell phone gps tracking service for businesses.  In order to remain on track for his venture- he wanted a road map for focus to ensure success.  He realized that his venture (http://www.blackberrytracking.com) was something that was going to be very involved and would potentially pull in a million different directions just to get it off the ground.

 Greg and his colleagues download the BplanWorkbook template, and in an afternoon built out a concise road map by walking through the different sections and answering the guides with point form notes.

 After 2 weeks once they better scoped tech requirements and funding needs for development, they re-adjusted their launch foecasts as well as break-even analysis to ensure they were all on the same page.

 The document continues to be a living piece that is visited, re-visited and re-adjusted and serves as a template for the partners as a road map of where they are taking the business forward to.

 To download your own copy of a business plan template, visit www.bplanresources.com

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View the attached video of an interview from a successful business entrepreneur.   Highlights that there is never a perfect time to start a business – other than having the intent to follow through.

A key insight to start small, low funding, but with a plan that you can and should use to direct your ideas/ aspiration to create a new business.

 To To download a business plan template go to: http://www.bplanresources.com/bplanwoorkbook.html

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Explain Target Market and amount of funding you are looking for Our Business Plan Writer Team sends you a complete professional business plan (10 to 21 day turnaround) One round of revisions (if necessary) Complete! Your ready to go!

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Why not use software?

We depend on software for so many things, to take the hassle out of things, to ‘streamline’ and ‘support’. And it delivers. So too does business plan software- I mean it can automate so many different things:

- formatting

- financial tables

 - graphic representations

- simple drag and drop utilities,

- and so much more.

One of the things that so often is becoming overlooked in an increasingly technology dependant world, is personal ownership. In this sense, ownership of the structure, ideas, etc.. While software indeed can help you build a better looking plan- it cannot make a good business plan. Just as a word processing software cannot make a good poem or story regardless of the bells and whistles it offers. So many times, people jump on board, buy the software, work with it for a bit , become frustrated and leave it alone, as well as their intent to continue to build a business.  Indeed business plan software manufacturers, market to this insight.

As such it can be expensive mis-adventure in terms of cost, and personal frustration.

A good business plan is one that basically represents your aspirations, in a rational, measured, benchmarked format. It is a forecast of your individual dream, as an enterprise you are looking to bring to life. The commitment you will put into it is the key ingredient. It will show up to whoever is reading it- a partner, a financier, a bank manager, supplier, etc. 

While not suggesting that a guide is not helpful to help you think through your ideas, and present a plan in an organized way.  Simply saying that the simpler an initial format is, the better it is for you to create a good draft of a plan, staying more truthful to your vision, than the encumbrances of a software program. Perhaps a software program is a good step for larger more involved business plans such for manufacturing initiatives, etc.  But ALWAYS use simple templates, workbooks or even blank pieces of paper to draft your thoughts and develop a plan from start to finish from there- before jumping headlong in automating it.

Often when starting on the road to putting your vision into an actionable plan, one considers looking at others – how did they do it?  What works for me?

In most instances would-be entrepreneurs search for Business Plan Samples or a Business Plan Template, to review and compare their own visions to.   What is the better route?  Use both?  To look up samples of completed plans, or use a template to gather and collect your thoughts?

If you are considering efficiency, it is best to look at samples certainly, but to work from a template.  A template will not skew your thinking as much as working directly off of someone else’s business plan.  The template is created to pique your thoughts, and force you to consider the particular aspects of your own business, vision, and steps to build it successfully.

A business plan template, can offer a quick guide to organizing YOUR thoughts, and keep your intentions as pure as possible, without diluting it with copy or insights from another business plan sample.  The business plan samples, are a good review in order to get a picture of what others have done, gain some insights into what you like, what you don’t.  But do not sit down and write a plan based on someone else’s thoughts.  The power of a business plan, is one that is based on “buy-in”, that it is truly representative of what you want to create.  It is aspirational, as much as it is a practical road map.

In the end, both are simply guides- but you are the author.  As such, make it truly your own!

For most potential entrepreneurs, the hardest part in deciding to start a business is simply coming up with small business ideas.

The ambition and drive are certainly there – the challenge, however, is finding and feeling confident about the right business concept.

Since you’ve come to this website, our guess is that you’ve dreamed of starting your own small business for quite some time now.

Maybe a friend has succeeded in her own business. Perhaps small business ownership runs in your family. Or is it the fact that you’re just bored with the daily grind?

Why haven’t you pulled the trigger? What’s holding you back?

Based on our research, the three primary reasons that people who want to start a business but haven’t are:

Fear of Failure – The fear of not succeeding simply paralyzes the potential entrepreneur. A lack of confidence “freezes” any chance of getting started.

Lack of Capital – Not having enough money to fund a startup or sustain one’s family during the beginning phases of the business are concerns that keep many of us locked behind our desk in a nine-to-five grind.

Limited Ideas – Believe it or not, many potential business owners never get started because they have trouble coming up with small business ideas. They lack that special creative spark that ignites the business flame.

While all three of the above startup concerns are valid (and need to all be addressed), the purpose of this website is to help you with the last point – coming up with profitable small business ideas.

A key component is to work through them simply, and quickly by organizing your thoughts.  A tool such as www.bplanresources.com offers business plan templates to work through and wittle down to winning approaches.

One final note…exciting ideas are great but proper research pays the bills. If you’re excited about a business concept, take the next step and do some market research… 

• Is there a demand for your product or service?
• How much money do you need to start your business?  Multiply by three!
• How will you differentiate your business from your competition?

The best way to “prove” out your business idea is to formulate a business plan. Business planning is really important since it provides an operational blueprint for your business.  Not to worry, if you’re excited about your small business ideas, researching and writing a business plan isn’t all that hard.