business plan writing help

business plan writing help

Business Plan Writing Help

1. Introduction

A business SWOT analysis will be done to examine the state of Earthly Clean and its environment, in particular focusing on its fits with the growing ecotourism industry. Details on the competition and the methods that Earthly Clean will take to differentiate itself will be the focus of the Marketing Plan. The Business Plan will conclude with a discussion of implementation. Steps to realize the growth goals and capture the identified business opportunities will be outlined and a rough timeline will be set for each step. Success will be judged by the achievement of these market share goals and the advantages that this success will bring in the future.

This business plan aims to provide a high-level view of the expected goals and future growth for Earthly Clean. The plan will outline the business opportunities that exist for this market, in particular the ecotourism industry, and the changes that Earthly Clean will need to make in order to take advantage of these opportunities. The intent is to gain a 5% market share within 5 years. As a provider of cleaning services for hotels and resorts, Earthly Clean is excited to be at the forefront of this change to greener methods of cleaning. This provides a unique opportunity to build a new brand around the ideology of environmental preservation and awareness. This is in direct contrast to traditional cleaning methods that can be both harmful to the environment and the health of those who come in contact with the chemicals.

2. Importance of a Business Plan

Though an idea exists only in your mind, unless it’s captured on paper it’s difficult to convey to others or to gauge its feasibility and desirability. There’s a certain excitement in the birth of an idea, and often people rush in pursuit of a dream, without preparing the right foundations for the business which will allow to bring the idea to life. A written business plan, undertaking the exercise of considering the idea from various angles combines the entrepreneur’s dreams and ideas into a coherent and sensible strategy. This will greatly increase the likelihood of the business’ ultimate success. A business plan helps us in minimizing the risk of taking the plunge and is also a tool for reality checking. Are the ideas and plans feasible? How will we convince others to share our belief, be it employees, investors, finance facilities? A well-researched business plan is a reality check that defines achievable goals and periods, resources required and the results will be measurable – both in terms of customer takeup and dollars returned.

Why take the time to write a business plan, or go to the trouble of finding a business plan writer when you can put up your own site so easily? Because anything worthwhile usually takes some effort, and getting your business idea off the ground deserves your concentrated planning and effort. Think of your business plan as the blueprint for your business. It should be a flexible tool to guide you forward, something you can use to keep yourself on track, measuring how far you’ve come and distance still to go. It should also be a moveable feast, changeable as the business grows and develops.

3. Key Components of a Business Plan

1) The business concept – what it does, the product and the market, the background to the idea, how it will be manufactured and the outcome. 2) Financial review – assess the total finance needed by the company and forecast the future prospects of finance. This is one of the most important and time-consuming parts of a business plan. It is assessed by banks and other investor figures to decide whether the business is worth investing in or is high risk, which will deter investment. If the finance is for a start-up, this is a particularly high-risk point. 3) Record on past performance – if it is a new business, this will not be applicable – however, it is a great way of keeping use of the business plan through clarity of the goals and expectations the business originally set out. Information should not be complicated but should provide a clear and concise outline of the past performances, which should then be compared to the future to see if these business goals have been met. 4) What are the risk factors of your business – make an outline of the risks involved using the business plan to implement new ideas, processes, and procedures. Changes and/or additions to the plan would be the expected outcome here if the effects haven’t been a positive one. Any development that has been decided upon will need to ensure that the original business plan has not been deviated from.

4. Steps to Writing an Effective Business Plan

The second stage to developing a business plan is developing a profile. As a result of preparing an outline, a lot of information already documented can be utilized to develop a brief company profile. The company profile is designed to provide prospective investors and stakeholders with a brief on the company. The profile should be focused on the fact that it provides readers a feel for what the company is about and what it intends to achieve as a whole. Remember to keep it concise, detailed, and to the point. A good suggestion is to detail this section last after all other profiled information is available.

The first stage is to prepare a detailed outline of your business plan, with preparation being the key word here. The initial outline should be written in point form and include a range of main and sub points to effectively address the main issues. Points should include, but not be limited to, the following: business concept, mission statement, goals and objectives, business ownership, industry information, products and services, target market, marketing strategies, organizational plan, financial information, and appendix. The beauty of an outline is that it is not set in stone; it can be changed at any time throughout the life of the business.

5. Conclusion

In a case study with an innovative entrepreneur running a small business as an entrant to a particular market, there is evidence in the reflections made between our two interview sessions that identify business decisions made with referencing to the effects that an overall conclusion could have on the business success. Entrepreneurs of small businesses and large corporations both recognize the significance between decision and its overall effect on the business’s conclusion. With acute attention to the theory of Effectuation, it is clear that intelligent entrepreneurs are able to assess the probability of certain conclusions from certain decisions and seek to make decisions that trend towards a conclusion that is close to their predetermined ideal of what a successful business is.

Based upon the critical analysis and discussions with a series of successful innovative entrepreneurs, it is evident that conclusion can significantly change the path of the business success. It is apparent that the above findings in determining whether a business is successful or not is the approach that the entrepreneur has in achieving conclusion. If the business is ill-fated, overall findings indicate entrepreneurs will adjust the outcome while ignoring feedback. Successful businesses usually use feedback as a tool to analyze and sometimes change the approach in trying to achieve an already set conclusion. This leads to a very important point in that both successful and ill-fated businesses have an idea of how to determine their conclusion. However, where business plan emphasis should be placed is in identifying points where business decisions were made and how they affect the path of conclusion.