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Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success.
It appears that we are on the brink of a global recession. Jobs are scarce to come by and many people are looking to start their own business as the only means of putting bread on the table. This book will help budding entrepreneurs select an idea for a new business and conduct market research to determine if it is viable. It will also help them find out how much money they really need to start their business and whether they can self-finance it or if they will need to seek "love money" from friends or relatives. It points out the importance of exercising controls over costs and managing cash wisely. This book also takes a look at some of the legal and tax aspects of running a business. It also shows ways to encourage employees to do their best. It provides hints on how to advertise both online and offline, plus ways to evaluate what is working best. It also shows how every business needs a business plan to provide a map to success.
This book is about managing time effectively. It helps readers set their priorities and objectives and then organize them into the ones which are the most important down to those which are the least pressing. It provides tips on how to handle time consuming activities such as replying to e-mail, faxes and snail mail. It shows readers how to create time blocks. Since meetings and conferences can eat up a lot of precious time, suggestions are offered on how to make meetings more effective and take less time. Readers are given a review of some software programs which can help with online conferencing and interactive learning, so as to cut down on travel time. This book covers time management during a crisis. A key component of time management is being organized and a whole chapter is devoted to software programs which can help. In addition, customer relationship management software can assist with the effective time management of customer or client contacts. Time management is dynamic and this book recommends that readers monitor their progress and make changes when necessary. It will help them get the most out of every day!
Helps inventors plus those who want to sell an existing product or find something appropriate. Start a service business. Select a name and legal structure. Home-based business versus commercial and retail leases. Calculate human resource requirements. Online and offline advertising. Set up a Web site to sell online. Calculate the money needed to start. Software for creating a business plan.
This book is now used by the University of Kentucky entrepreneurship program. This book will give you a fresh and innovative way to write a business plan that will help you: - Complete your business plan faster - Avoid confusion and frustration - Focus on the core of your business and create more effective business strategies To help you learn the business planning process from the ground up, this book gets you started with a very basic business plan and helps you expand it as you make your way through the book. This way, you have less confusion and frustration and are more likely to finish your business plan faster and have it be better. This way you get a business plan template together practical explanations and an example. So whatever your learning style might be, this book has a high chance of being effective for you. If business planning seems to you complex and scary, this book will make it simple for you. It is written in simple and clear language to help you get started and create a great business plan. So what are you waiting for? Get this book now, and start creating a great business plan for your business today. Also recently added in the last update of this book is a business plan sample since many people commented that they wanted a business plan example. Although for my taste as an entrepreneur, I rather give you lots of great business planning strategies and theory that you can use in the real world instead of having a business plan template or workbook to write your business plan from. After all, a business plan is just a document. But to make your business a success, you will have to do it in the real world. So when you try to figure out how to create a business plan, don't just focus on the business plan document. Instead, focus on a plan for the real world with actionable and effective strategies. Get the book now, and start planning your business today.