the 6 key elements of an effective business plan

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The 6 Keys Elements of an Effective Business Plan

+“A man who does not plan long ahead will find trouble at his door.”Confucius

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+Description of your business model and target market

What kind of business are you implementing and who are your target customers?

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+“By failing to prepare, you are preparing to fail.”Benjamin Franklin

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+Unique Value Proposition

What do you have to offer that makes you different from everyone else? Why should people buy from you?

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+“A good plan today is better than a perfect plan tomorrow.”George S. Patton

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+Business goals

What are your specific, measureable goals that you want to achieve and when?

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+“Always plan ahead. It wasn’t raining when Noah built the ark.” Richard Cushing

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+Marketing Plan

What marketing strategies will you put in place and what is their timeline?

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+“You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.”Zig Ziglar

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+Action Plan

What are the tasks you need to complete and when?

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+“To achieve great things, two things are needed; a plan, and not quite enough time.”Leonard Bernstein

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+Financial forecast and budget

How much is all of this going to cost on a monthly basis, and what kind of revenue do you expect? How long will it take to break even and make a profit?

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+“It takes as much energy to wish as it does to plan.”Eleanor Roosevelt

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Learn How to Create Your Own Business Plan

...Step by Step

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