To Write a Business Plan or Not to Write a Business Plan?

 In Business startup, Uncategorised

Isn?t the above statement a mind wrestling thought? The answer is simple, yes, you do need a business plan! Now, I know what you are thinking, but before you jump to the defence, please take a moment and consider what I have to say? regarding, To Write a Business Plan or Not to Write a Business Plan?


You have nothing to lose

?It?s not the suit that makes the man, it?s the man that makes the suit?, this is the same with your business plan.

?It?s inside what counts!?

Everyone, from start-ups to businesses who have already been scraping through and simply surviving, are usually wondering what to do to be different. And what can make you different is found in this little nifty book, the ingredients you put into your business plan is what will make you stand out from the rest.

?You don?t have to re-invent the wheel, you just have to make it different.?


To Cake or Not to Cake?

Cake baking and business planning ? not so different after all?

Having a business plan is similar as to a cake baking contest, you can?t bake a cake without knowing what type of cake you want to bake (what type of business), and what the ingredients will be to bake this cake, and unique ways in how you can make it different, delicious and the one and only winner, (basically, what would go into your business to make it a success).

Unfortunately, often entrepreneurs and business owners don?t feel like they have the time to ?waste? on a business plan. Their time is better spent working hard, by putting in long hours, ensuring the business succeeds. However, a business plan, with set goals can help them work smarter and ensure success ? sometimes hard work alone isn?t enough to overcome the difficulties of starting a new business.

?You don?t need to work harder, you need to work smarter.?

Having a background in both human and business development, it always makes me see two sides of the coin, everything in life has two sides to it, either positive or negative, depending on how one looks at it.

I like to understand both sides, you may call me an over analyser, but I like to think all the best people are

For every critic and business plan ?nay-sayer?, there are another 5 people on the opposite side, waving the ?get-your-business plan? flag, up high and mighty!

And let me tell you, the ones who believe in business plans, are usually the successful ones!

Writing and having a business plan always has a positive impact, for both the owner, as a map of how you plan on making money, how to run operations, and how you are going to achieve these goals, as well as for the banks and investors, as a means for them to see how they will benefit from investing in you.

There is a right way of doing something, and a wrong way of doing something, and according to research, it shows over and over again, that the businesses who are beating the odds, and who are actually being successful, are those who started the right way ? with a business plan.

Now I know what you might be thinking, ?Oh noooo, I?ve already started my business without a business plan, it?s too late? ? followed by a worried and mortified facial expression?LOL

So, let me throw you a lifeline here, NO, it is never too late to start doing things the right way, and it is the same in business.


In Conclusion

So, let?s start together, today, and start doing things the right way in your business!

We look forward to hearing from you regarding any suggestions or perhaps your own experience you would like to share with us. Feel free to add your name and email in the comment section, if you would like to get started on your business plan.


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