Business Planner’s RoadMap Steps

Get Equipped for Business Planning


Step 1: Welcome to the RoadMap
Step 2: Prepare to Embark
Step 3: Chart Your Path
Step 4: Organize Your Work Space
Step 5: Establish Your Timelines
Step 6: Create Your Action Plan
Step 7: Wade Into Your Industry
Step 8: Start a Research Scrapbook
Step 9: Write Your Business Vision
Step 10: Prove Your Business Case

Embrace Market Research


Step 11: Set Up Your List of Appendices
Step 12: Brainstorm Products & Services
Step 13: Prioritize Products & Services
Step 14: Discover Your Assumptions
Step 15: Set Market Research Goals
Step 16: Write Research Questions
Step 17: Prove Your Assumptions
Step 18: List Key Industry Points
Step 19: Segment Your Market
Step 20: Describe Customers
Step 21: Assess What You Are Learning
Step 22: Research Competitors
Step 23: Prioritize & Target Customers
Step 24: Primary Research Questions
Step 25: Gather Primary Research
Step 26: Create Survey Questionnaire
Step 27: Survey Your Customers
Step 28: Compile Survey Information
Step 29: Update Customers Draft
Step 30: Make a Go/No-Go Decision

Build Your Business Concept Section


Step 31: Describe Your Business
Step 32: List Products and Services
Step 33: Describe Your Industry
Step 34: Write Your Biography
Step 35: Develop Strategies and Goals

Map Your Marketing Section


Step 36: Describe Your Market Area
Step 37: Describe Your Location
Step 38: Describe Your Customers
Step 39: Analyze Your Competitors
Step 40: Describe How You Will Sell
Step 41: Servicing and Guarantees
Step 42: Craft Your Business Image
Step 43: Advertising and Promotion
Step 44:Prices and Pricing Strategy
Step 45: Create Marketing Action Plan

Organize Your Operations Section


Step 46: Describe Your Operation
Step 47: List Equipment and Methods
Step 48: Source Materials and Supplies
Step 49: Identify and Control Your Risks
Step 50: Describe Management Team
Step 51: Select Your Professionals
Step 52: Determine Labor Requirements
Step 53: Operational Action Plan

Forecast Your Financial Section


Step 54: Forecast Your Sales
Step 55: Explain Your Projections
Step 56: Estimate Your Market Share
Step 57: Present Cost of Goods Sold
Step 58: Summarize Labor Projections
Step 59: Build Cash Flow Forecast
Step 60: Identify Operating Expenses
Step 61: Project Income Statement
Step 62: Determine Your Break-Even
Step 63: Pro Forma Balance Sheet
Step 64: Identify Start-Up Expenses
Step 65: Sources and Uses of Funds

Assemble Your Appendices


Step 66: Build a Resume
Step 67: Determine Personal Net Worth
Step 68: Certificates and Accreditation
Step 69: Provide Historical Financials
Step 70: Create Organizational Charts
Step 71: Get the Approval of Your Board
Step 72: Build Your List of References
Step 73: Include Letters of Reference
Step 74: Include Letters of Intent
Step 75: Signed Contracts & Offers
Step 76: Create a Partnership Agreement Step 77: Include Lease Agreement(s)
Step 78: Include Insurance Documents
Step 79: Develop Your Price List
Step 80: Include Price Quotes
Step 81: Get Written Estimates
Step 82: Provide the Right Survey Info
Step 83: Map Your Marketing Area
Step 84: Environmental Information
Step 85: Gather Free Publicity
Step 86: Create Promotional Materials
Step 87: Add Product Literature
Step 88: Add Technical Information
Step 89: Explain Any Confusing Terms

Craft Your Final Presentation


Step 90: Create Your Title Page
Step 91: Write Your Executive Summary
Step 92: Develop Table of Contents
Step 93: Confidentiality & Copyright
Step 94: Evaluate Your Business Plan
Step 95: Have Others Critique Your Plan
Step 96: Revise Your Business Plan
Step 97: Complete Financing Application
Step 98: Write Your Cover Letter
Step 99: Present Your Business Plan

Business Plan Resources

Researching a Business Idea

<Back to Business Plan Resources     Next: International Research Links

About. This amazing website offers articles by more than 750 experts on a range of subjects. It’s useful for finding information on different topics and has a handy “See What’s Hot Now” link where you can learn which questions and topics are getting the most hits.

Blogs. These are personal journals published on the Web. Blogs include personal reflections, opinions on a variety of issues, and usually include links to the owner’s favorite sites.

BoardReader. This remarkable service reads forums and message boards from more than 750,000 websites. Just click on the link and enter your search words to find information, images or videos from many sources.

Ebay Keywords. Click on the link to discover a list of the most popular keyword searches at Ebay. This tool helps identify how buyers are finding what they want or need.

E-zines. Tile.net hosts many e-zines, mailing lists and related information. EzineArticles is one of the largest collections of articles from more than 150,000 expert authors.

Google Trends. This service enables you to plug in key words or topics and instantly pull up charts and graphs showing broad search patterns and links to the relevant websites and articles that drive them.

Google Insights. This site  lets you search terms and topics and filter by country, region and timeframes. It produces a map showing the regional hot spots for your topic, as well as lists of related search terms.

Google Groups. At this link you can search through existing group discussion forums or easily set up your own groups for topics of your choice.

MediaFinder. This website claims to be the world’s largest database of U.S. and Canadian magazines, catalogues, newspapers, newsletters and journals. Use the keyword search box to locate media for topics you wish to research.

<Back to Business Plan Resources     Next: International Research Links

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