Do You Need a Business Plan

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Do You Need a Business Plan?

I get this question very often, many startups ask me how to put a business plan together, what goes into a basic plan, and how long does it have to be? Well unfortunately the answer is, “It depends”. But that is also fortunate!

You see, every business is different. Some are single member, some may have contracted services. Some may have goals to scale big in 3 years. The needs will all vary and they will all need different kinds of plans. But a plan is needed.

Here is a short video explaining my why on this:

There are several approaches to getting a business plan going. BPlans has a simple one, or if you want to use their Live Plan service it’s very intuitive and you could turn one out in a month if you were focused. There is still the one page canvas if you’re just looking to map things out as well.

Whatever the need is, look at what you are asking of the business. If it’s sales volume, generating exposure, or gathering following you’ll have to have those things in your business plan. Use S.M.A.R.T. goals if you can, and have a coach or trusted peers help you out if you can. I hope this is helpful, leave any questions in the comments below, happy to help!

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