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Business plan

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tongyun

Offshore Agent
When you created your web-based business, did you develop a business plan or was it more along the lines of fly by the seat of your pants method. My wife and I created a plan/flowchart that we've used to get our business going and it provides some comfort in know that we are moving forward.
 

jamesb

Offshore Agent
When I started my previous online business which I since have sold, I did create a business plan. This was very important as I needed it to get investment from investors.
 

gwenpinay

Offshore Agent
I can't imagine starting a business without a plan. That's almost like pouring cash in to a bottomless pit. Without a plan, you never really know where you're going. What good is a business without direction?
 

jamesb

Offshore Agent
You are absolutely correct Gwen. One important part of starting and running any business is that you must stay focused on your goals and this is best done through a proper business plan.
 

gwenpinay

Offshore Agent
And, it's not rocket-science. You don't have to be a business major or an accountant to write your own business plan. I found some useful video tutorials on the SBA website previously. It's actually quite simple - and tedious.
 

jamesb

Offshore Agent
I agree partly with you. Although most people could write a basic business plan, if you are looking for a large amount of investment or a big loan then you really should have a professional business plan made.
 

crimson

Offshore Agent
Having a business plan should be prioritized with out it there is no direction and no goals to be set. If you are just moving with the flow I guess this boat will start sinking.
 

heather

Offshore Agent
I began my business with little more than a basic outline of a business plan, but thankfully it worked for me. I was able to beef it out a little at a time, but at the same time it helped keep me on track without being so strict that I would miss opportunities.
 

Safa

Corporate Services
It is a very good idea to make a business plan also if you are already started, just make sure you change it to reflect your business while it is growing.


I found a very good site for examples of business plans, balance sheets and much more which I hope can help some to get started with it.


Template Gallery | SCORE


It is completly free so use it..
 

tongyun

Offshore Agent
Yeah, I'm kind of embarrassed to admit that my wife and I started without a business plan in mind. We've come to the conclusion that we need to put one together even though we've started marketing our product. Better late than never, right? :D
 
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