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Writing a Business Plan

Writing a Business Plan

By: Docstoc Collections | Views: 249 | Docs: 2044

The first step to marketing your business is writing a compelling business plan. Careful strategic planning is fundamental to success, whether you have a multimillion business or a one-person home based business, and it is a must-have for startup ventures.

You might want to write a business plan to apply for a bank loan, send it to venture capital firms to get them to invest in your business, or as part of a grant application. Raising money, however, is not the only reason to write a business plan. Business plans can serve as a strong foundation for your marketing materials and keep you focused as you plan ahead. It may even be used for communicating your mission and vision to your employees.

Whether its purpose is to garner loans and equity investment or just to get you thinking, a business plan, is essentially just a document. It typically ranges between 10 and 40 pages and concisely summarizes the reason for the existence of your business, making a compelling argument about why you will be successful. All plans typically include several common sections such as company history, market overview, description of the product and/or services, financial and cost analysis, financial projections, marketing strategy, sales forecasts and team overview.

Remember also, that while a business plan is certainly a strong tool, it is not an invariable one. It develops and grows as your business and ideas do, and you should always have an updated one handy.

There is no one-size-fits-all recipe for a business plan. You will find various templates and variations, but all effective business plans share several common characteristics. Explore the guidelines and documents on this page to understand what makes an effective business plan, get free samples and start creating your top-notch plan.

Raising Money for a Startup Company

Raising Money for a Startup Company

By: Jason Nazar | Views: 978 | Docs: 14399

There are many traps to raising money for a startup company. And most often the things that come back to bite you are those aspects you don't know, you don't know. So in order to clarify how the process works, here are a helpful collection of documents on a variety of topics that should provide some insight into the process of how to raise money for a startup company.

Economic Indicators

Economic Indicators

By: mralnguyen | Views: 508 | Docs: 14728

Steps to Starting a Small Business

Steps to Starting a Small Business

By: Docstoc Collections | Views: 12767 | Docs: 14386

Starting your own business is a dream that many people hope to realize, but on your way there you have to be certain that you’ve taken all the necessary steps to ensure that your dream doesn’t become a nightmare.



When starting a small business there are a number of things that the average person may not stop to consider. Knowing how to file your taxes, whether or not to incorporate and how, what to do if you’re ever sued, how to obtain insurance for yourself and your employees and a myriad of other issues will all be crucial to determining the success of your new business venture.



Of course you will also have to take care of the business side of things, but being aware of the “everything else” factor is what can keep your brilliant business idea from becoming a brilliant disaster.



In this collection you’ll find information on every aspect of starting a business you could think of and a few that you may not have considered. As the owner of a new small business you’ll be wearing a lot of hats or having to hire people to wear them for you, the only way to flourish at that is to be absolutely sure you know what you’re doing.

Project Management

Project Management

By: Docstoc Collections | Views: 9682 | Docs: 9994

To be a successful project manager you must be able to effectively motivate people as well as manage time and money.

A project manager takes the reins of a project and is responsible for the project’s eventual success or failure. To be able to handle this responsibility most efficiently, it is necessary that you not only meet the project schedule and successfully prioritize and monitor tasks, but that you also make use of resources in the most time effective manner. It is also critical that you keep constant sight on the pre-meditated path even in the presence crises and unforeseen circumstances.

In many organizations completing a project within budget is considered a key metric in determining success or failure. Ironically, a project whose outcome will never be used might be considered a great success if completed under-budget, and vice-versa. Effectively managing people, contractors, vendors and all other stakeholders is another must-have skill for a project manager. Unlike time or money, effective people management is difficult to measure and identify problems with.

Finally, project scope is a critical element that is sometimes overlooked. The scope of a project is often dynamic and can change along the project. Knowing this is very important because an incorrectly defined or managed scope can easily lead a path to failure.

The main requirements for bBecoming a successful project manager are experience and practice. However, it is definitely possible to shorten the learning curve by following some of the best practices, guidelines and tools available. The Project Management Collection brings selected guidelines and tools that can get you started on improving your skills and making project management a rewarding experience.

Managing Your Own Books

Managing Your Own Books

By: Docstoc Collections | Views: 627 | Docs: 14382

Just because you don’t have a degree in economics or accounting (or even if you do) there’s no reason you can’t balance your checkbook and keep all your finances in proper order. The basics of accounting are simple as long as you have a basic understanding of what you’re dealing with.

Whether you’re a small business owner looking into keeping your business finances regulated or a high school student opening up a brand new checking account, knowing how to manage your money through some basic accounting is an inevitability. From keeping your checkbook straight to basic bookkeeping to hiring a fluid, capable accounting team, every step in financial management is examined here.

You can brush up some basic accounting terms or get tips on how to manage your personal finances in the event that you come into a large sum of money or lose out on one. Being sure you are covered and prepared for any potential financial situation is a must in today’s financial day. Reading this collection will assure that you at least know what’s out there.


 
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