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- Herausgeber: Business Book Summaries
- Kategorie: Fachliteratur
- Sprache: Englisch
The must-read summary of "Write Your Business Plan: Get Your Plan in Place and Your Business Off the Ground" by the staff of Entrepreneur Media, inc.
This complete summary of the ideas from "Write Your Business Plan" by the staff of Entrepreneur Media, inc. explains just how important it is to have a solid business plan. It is the business plan that turns an initial idea into a sustainable business and a good plan can be the difference between success and failure. It is also essential to adapt your business plan frequently; it should evolve alongside the development of the business. Instead of writing a business plan and then leaving it to one side to become outdated and useless, this summary will help you to improve the plan as you learn what works and where your business is heading. This is a must-read for any budding entrepreneurs whether you are looking for advice on how to write a business plan or you want to adapt an existing one; there is always room for improvement!
Added-value of this summary:
• Save time
• Understand key concepts
• Increase your business knowledge
To learn more, read "Write Your Business Plan" and discover how to create the perfect business plan and how to keep it that way.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Seitenzahl: 33
Veröffentlichungsjahr: 2016
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Book Presentation:Write Your Business Plan by The Staff of Entrepreneur Media, Inc.
Summary ofWrite Your Business Plan(The Staff of Entrepreneur Media, Inc.)
Book Presentation:Write Your Business Plan by The Staff of Entrepreneur Media, Inc.
Book Abstract
MAIN IDEA
In a nutshell, a business plan is your blueprint for taking your initial idea or product and turning it into a viable and sustainable business. To succeed in building a company, you need a plan.
The real strength of a business plan is the process of writing one forces you to get specific. You have to take the ideas which exist only in your mind and get them down on paper. For that reason, a good business plan will always be a living document – it will keep on evolving and getting better as you learn more, find out for yourself what doesn't work and pivot to take advantage of new and emerging opportunities.
If you're smart, you will focus on extracting the maximum possible benefits during the three different phases of writing a business plan:
"A lot of us have good ideas. Some of us have great ones. But that doesn't mean we can turn those ideas into businesses. What sets the dreamer apart from the doer is the plan. The business plan. To build a company, you need a plan. It's a blueprint for your business. A good leader formulates a plan for herself, making it a living document to help drive the business. Not every business will succeed. In truth, far more businesses fail than succeed. The differentiator is always in the planning."
– Ray Hennessey, editorial director, Entrepreneur.com
About the Author
ENTREPRENEUR MEDIA, INC. published their business bestseller Start Your Own Business more than fifteen years ago and to date have sold more than 300,000 copies. This book is designed to take aspiring entrepreneurs past one of the hardest steps in starting a new business – getting your idea down on paper and polished enough to influence potential investors and others. The staff at Entrepreneur Media – Entrepreneur magazine, Entrepreneur.com, Entrepreneur Press and EntrepreneurEnEspanol.com – have been at the forefront of small business success for 30+ years and have guided millions of entrepreneurs from startup to retirement.
Important Note About This Ebook
This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, view points and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.
Summary ofWrite Your Business Plan(The Staff of Entrepreneur Media, Inc.)
Phase 1. Before writing your business plan
In practical terms, your business plan is a written description of the future you envisage for your business. Before writing your business plan, think out and plan how exactly you will prosper. Clarify what your business plan will be used for and write it accordingly. Bear in mind one plan does not fit all circumstances and situations so be prepared to have different versions you put to work.
A good business plan is like a road map. It describes how to get from where you are now to where you want to be in the future. Business plans are, therefore, inherently strategic in nature. You'll need a business plan which covers all the bases:
What your basic business concept is and what youplan on doing to be successful.
The strategy you plan to implement and how you'll go about doing that.Your product and service offerings.The markets you're going to go after and how you will market to them.Your management team and what your key employees bring to the table.Your present and future financial needs.
