The Steps


Intro:
Before you begin
Step 1:
Understand your audience
Step 2:
Prepare to research and write
Step 3:
Outline the essentials
Step 4:
Detail the investment opportunity
Step 5:
Analyze the company and industry
Step 6:
Address the market
Step 7:
Explain how your business will run
Step 8:
Introduce the management team
Step 9:
Prepare a financial plan
Step 10:
Provide source materials
Step 11:
Avoid common pitfalls
Step 12:
Proofread your work



Helpful Tips


It's important to spell-check your work, but don't rely completely on the computer. It won't catch words that might be spelled correctly, but are completely out of place or that change the meaning of a sentence. Read over everything completely, and ask your business partner(s) to do the same.

 

Business


2torial #0603 - Step 12:
Learn2 Write a Business Plan (Continued)

Step 12 Proofread your work

After all the work you've invested, make sure you don't shoot yourself in the foot with bad spelling or grammar. And double-check your numbers one last time. A single typo could throw off a whole spreadsheet.

The final version should be printed on 8.5 by 11-inch paper, with single-spaced, 12-point, professional-looking type. Leave fairly wide margins so investors can take notes. The overall look should be inexpensive (otherwise you may seem like a spendthrift) yet professional.

Once you get funding and start to achieve your goals, you'll realize all the effort you put into your plan was well worth it. There's nothing like making your dreams into reality.

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