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How to Prepare a Business Plan

How to Prepare a Business Plan

By Edward Blackwell

Your Guide to Creating an Excellent Strategy, Forecasting Your Finances, and Producing a Persuasive Plan. Kogan Page, 2002.

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15 mins read

13 Key insights

A brief summary of How to Prepare a Business Plan

A thorough blueprint for creating a business plan that helps you refine the direction of your company, gain the confidence of your financiers, and illuminate your path to success.

Key insights in How to Prepare a Business Plan

1
What do you get from this book? Expert advice on presenting your business as an attractive investment opportunity
2
A clear, concise, logical business plan uses a standard layout and language
3
Writing out a business plan gives you clear insight into starting and running a business
4
A well-crafted business plan addresses a lender’s concerns about your viability and profitability
5
Create accurate and honest cashflow forecasts for short and long-term financial projections
6
Retail and restaurant businesses must research their market and manage their buying to remain profitable
7
Anybody creating a product can make and sell it themselves, or outsource production and distribution to a larger manufacturer
8
A plan to expand your business must show that you have the management and market to justify its growth
9
You can finance your business several ways, so long as they relate to your size and future plans
10
Monitor your business’s health by keeping track of how you spend your time and money every day
11
Summary of the key insights
12
Selected critiques in brief
13
Final word

Who should read How to Prepare a Business Plan

Entrepreneurs • Small business owners • Anyone who wants to work for themselves • Accountants • Business coaches and consultants

About the author of How to Prepare a Business Plan

Entrepreneurs • Small business owners • Anyone who wants to work for themselves • Accountants • Business coaches and consultants

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