Keys to Better Business Plans

by Tim Berry


Write a better business plan by focusing on implementation.

  • Use a business plan to set concrete goals, responsibilities, and deadlines to guide your business.
  • A good business plan assigns tasks to people or departments and sets milestones and deadlines for tracking implementation.
  • A practical business plan includes 10 parts implementation for every one part strategy.
  • As part of the implementation of a business plan, it should provide a forum for regular review and course corrections.
  • Good business plans are practical.

Business plan “don’ts”

  • Don’t use a business plan to show how much you know about your business.
  • Nobody reads a long-winded business plan: not bankers, bosses, nor venture capitalists. Years ago, people were favorably impressed by long plans. Today, nobody is interested in a business plan more than 50 pages long.
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3 readers have commented on “Keys to Better Business Plans”

  1. ISMAIEL said on February 2nd, 2008 at 12:14 pm:

    could you please send me via my emil address any good business plann it could works for developing a cinema theatre business in middle east country . i’m realy need a new ideas to promot my business in very short time. if you can help out on this matter i will be highly apprciated .

    best regards
    Ismail
    Dubai-UAE

  2. Chelle Parmele said on February 4th, 2008 at 9:04 am:

    Hi Ismail,

    Thank you for your question.

    The bplans website is a free resource with articles and free sample plans that allows you to research and gather information on how to grow or start your business.

    We offer you the tools to get started.

    We also offer Business Plan Pro, which is a business planning software program designed to help you write your business plan.

    Good luck!

    ‘Chelle Parmele
    Palo Alto Software

  3. Kevin O'Neill said on April 9th, 2008 at 8:01 pm:

    Ismail,
    Given the business line you have chosen, I strongly suggest you contact the following company for help and advice. They are at the leading edge of the cinema theater business.

    http://www.dtsdcinema.com/

    No. 5, Tavistock Estate
    Ruscombe Lane
    Twyford, RG10 9NJ
    United Kingdom
    Phone: 44 1189 349 199
    Fax: 44 1189 349

    All the best to you!

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