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Tuesday, April 15, 2014

A One-Page Business Plan in 5 Steps by Sachin Karpe


A business plan is essential for every entrepreneur, but if it’s your first time approaching one, it can feel daunting. Business owners will argue both sides of the coin when it comes to how long a plan should be, but usually a one-page business plan can cover all your needs at the beginning and get you organized enough to get started.  Sachin Karpe says Start with your vision - Begin the plan by thinking of the end. You have to communicate up front where you want to go with your business to set the tone for your plan. Formalize your mission statement - You know what your vision is, now you need to describe what you’re going to do to accomplish that vision in a brief. List your objectives - Think of your objectives as the bullet points of deliverables you plan to achieve. Form your strategies  -  Your strategies describe how you plan to achieve your objectives.

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