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Business plan

A business plan is a written statement that describes and analyzes your business and gives detailed projections about its future.  It covers the financials of starting, or expanding, your business.

Writing a convincing business plan
Arthur R. DeThomas, William B. Fredenberger.
Hauppauge, N.Y. : Barron's, c995.
Creating a financing proposal, describing the businesss operations and goals, forecasting markets and sales, creating marketing and operating plans, obtaining financing from primary and secondary sources, and much more. This new edition also features a list of names and addresses of business and library resources, as well as web site addresses that are especially useful to small business owners. Titles in Barron's Business Library series are currently being revised and updated, and re-set in an attractive new paperback format. They are written especially for men and women starting a company or managing a small-to-medium-size business. Emphasis is on practical problem solving, and examples cited in these books are based on realistic business situations.
     
How to write a business plan
Brian Finch.
London Philadelphia : Kogan Page, 2010.
Business development consultant Finch describes each step of writing a business plan. He also explains how to create specific types of business plans used when selling a business or planning new business strategies. A detailed table of contents makes up for the lack of an index. A glossary of terms completes the volume. Distributed in the U.S. by Ingram Publisher Services. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)
     
The art of giving : where the soul meets a business plan
Charles Bronfman, Jeffrey Solomon ; foreword by James Wolfensohn.
San Francisco, CA : Jossey-Bass, c2010.
An honest assessment for how to determine your individual relationship with charitable giving in today's worldFrom world-renowned philanthropists Charles Bronfman and Jeffrey Solomon of the Andrea and Charles Bronfman Philanthropies comes a comprehensive guide on how to be a canny, street-smart, effective philanthropist, regardless of your income level. It is also a perfect companion for nonprofit program and development executives who would like to introduce donors to their work and their organizations.Despite their critical importance to philanthropy, donors have few resources for solid information about making their gifts-deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should ask for and expect, and countless other complexities. This book fills that vacuum and helps you gain a special understanding of philanthropy as a business undertaking as well as a deeply personal, reflective process.Drawing on decades of experience, the authors offer a fresh, enlivening approach to the nonprofit enterprise that, too often, is undervalued and thought of as the province of the burnt-out and the overwhelmed. Along with its many candid insights and memorable anecdotes, The Art of Giving also offers instruction on how to create a business plan for giving that works for you.
     
The everything business plan book : all you need to succeed in a new or growing business
Dan Ramsey and Stephen Windhaus.
Avon, Mass. : Adams Media Corp, c2009.
Every year, thousands of great business ideas are lost to obscurity-all for want of a solid business strategy. Don't let your idea fade away-create a plan!
     

"By failing to prepare, you are preparing to fail." 

-- Benjamin Franklin

Why do you want to write a business plan? The five specific and immediate benefits that a business person can get from writing a business plan are:

  1. Helps You Get Money: Before lenders or investors consider your proposal seriously they require a written business plan.
  2. Helps You Decide to Proceed or Stop: By writing a business plan you learn how money flows through your business, what are the strengths and weaknesses in your business concept.
  3. Lets You Improve Your Business Concept: By writing a business plan you can see how changing parts of a plan can increase profits or accomplish other goals.  You can create a financial spreadsheet and learn how to increase your profit margin.
  4. Improves Your Odds of Success: Small businesses that do not succeed often do not have a business plan.
  5. Helps You Keep On Track: In order to avoid unexpected financial, or everyday, emergencies, by writing a business plan you already have anticipated potential problems before they become disasters.

How do you write a business plan? Most plans have four sections:  description of the business, marketing, finances, and management.  Be sure to include an executive summary, necessary licenses, management resumes, and lease agreements.

Presenting a well though-out business plan to banks and possible investors can make all the difference between securing loans and backers. To reduce the risks of  business failure, a budding entrepreneur needs to write a business plan. Fixing potential business mistakes on paper can save losing hard earned money.

The social network business plan : 18 strategies that will create great wealth
David Silver.
Hoboken, N.J. : John Wiley, c2009.
Includes bibliographical references and index.
     
Business plan in a day : get it done right, get it done fast
Rhonda Abrams with Julie Vallone.
Palo Alto, Calif. : Planning Shop, c2009.
If you've heard these words from a potential lender, investor, or business partner, and you need a business plan pronto, this book is for you!
     
The plan-as-you-go business plan
Tim Berry ; foreword by Guy Kawasaki.
[S.l.] : Entrepreneur Press, c2008.
Berry, president and founder of a company that manufactures business plan software, explains how to build a business plan around a core strategic combination of market, identity, and focus. Moving away from traditional, formal, cookie-cutter plans, he embraces a simpler, more practical business plan that evolves with the business and allows users to start building the business immediately. Readers are invited to "jump around" in the book from one topic of interest to another, with cross-references included throughout. Material is presented in an attractive, reader-friendly b&w layout with boxes, margin notes, and b&w photos and graphics. An accompanying web site and blog offer updates and new ideas. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)
     
How to prepare a business plan
Edward Blackwell.
London : Philadelphia ; Kogan Page, 2008.
A good business plan should impress potential financial backers by clarifying aims, providing a blueprint for the future of your company and a benchmark against which to measure growth. This fully updated fifth edition of How to Prepare a Business Plan explains the whole process in accessible language, including guidance on: producing cash flow forecasts and sample business plans; expanding a business; planning the borrowing; monitoring business progress.
     
The Ernst & Young business plan guide
Brian R. Ford, Jay M. Bornstein, Patrick T. Pruitt.
Hoboken, N.J. : J. Wiley & Sons Inc., c2007.
In today's competitive business environment, a well thought out business plan is more important than ever before. Not only can it assist you in raising the money needed to start or expand a business-by attracting the interest of potential investors-but it can also help you keep tabs on your progress once the business is up and running.
     

Article by: St. Louis Public Library staff