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You should include details of how your construction business would deal with an economic slowdown, or with changes to your market - for example residential or commercial construction. What are your top tips for writing a great business plan? You might find it useful to include a separate section in your plan outlining some sample menus, explaining what makes your offering unique or attractive.
The One-Page Business Plan Company offers exactly what its name implies: a one-page business plan for those who don't see the need for an elaborate plan.
The one-page business plan is separated into several sections such as vision, mission, objectives, strategies and action plans.
You’ll need to do some research to back this up, and that might be either quantitative, qualitative, or ideally both. Here, you’ll look at a few of your key competitors and analyse their strengths and weaknesses. This section helps you understand some of the most important factors that might affect the success of your proposition, and how you’re going to compete effectively with other companies operating in your market. This section will have a number of subsections, including marketing and sales, operations, and benchmarks. You should outline each key team member’s experience, and what they bring to this new business. Your business plan won’t succeed without watertight financial forecasts. The best ones guide you through the process step by step, giving you the questions and hints you need in order to structure your document properly.
In this section you explain the size and nature of your market. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. How will you turn the opportunity into a profit-making enterprise? Here you’ll explain who’s involved in the business and what their strengths are. There’s a range of software options available to help you write your business plan.
You can answer all of the questions using keywords and short phrases.
This template is used as the official business plan for the New York Start UP! The PDF business plan template was adapted from Rhonda Abrams' (The Planning Shop, 2010).
Business plans are used by entrepreneurs to secure funding for their business idea or by small business owners looking to refine their business strategy.
Regardless of the purpose, having templates at the ready can be helpful.
MOBI, or My Own Business Institute, is part of Santa Clara University's Center for Innovation and Entrepreneurship.
They offer a business plan template consisting of 15 sections that include the business profile, licenses/permits and location. MOBI provides helpful suggestions for how to fill in each section as well who should review it.