If you have never written a business plan before, you may have difficulty getting the project started. It will seem as though you have an awful lot of blank pages staring back at you. But don’t worry use these tips and you’ll get your business plan on the fast track.
1. To get the plan moving, start with the section that is easiest for you, or of most interest. If you are enthused about the technical superiority of your product, write the product attributes section first. If marketing is your forte, then work on promotion. Many people like to start by writing the history of the company, or how they got the original vision to start the business (possibly because most people enjoy talking about themselves). When you begin to see words on the page, you will get a feeling of making progress, and then you can proceed to the more difficult parts of the plan with less trepidation.
2. People often underestimate the effort and energy it takes to write a business plan. They try to write it at night or when everything else at work is finished, in other words, when they are mentally and sometimes physically exhausted. A better approach is to write the plan when...