|
|
 |
|
|
Business Plan Checklist by Fran McCully
|
|
|
Business Plan Checklist |
|
|
|
|
|
Business,Finance & Investment
|
|
|
An Introduction to Business Plans Business Plan Checklist The following are reasons to think about updating or developing a business plan: ? You have started a new business and do not have a roadmap. ? Your old plan does not reflect reality; maybe things have changed faster than you expected. Or you may have changed the way your business operates. ? There has been a significant market switch. ? You need financing, or additional financing. You need a bank ready plan to apply for a loan. ? Your company is about to develop a new product. ? Your business has changed a lot since you wrote the original plan - obvious time for an update. ? You have had a change in management. New management should have fresh information about your business and goals. ? A new financial period is about to begin. You should update your plan annually, quarterly if your industry is a fast- changing one. ? Your company has crossed a threshold, you have moved out of your home office, made the $1 million sales mark. ? Market analysis was never done or a new market analysis is imperative because of the market switch. Plans differ widely in their length, their appearance, the detail of their contents, and the varying emphases they place on different aspects of the business. Most business plans have a lot of elements in common, for example cash flow projections and marketing plans. Your plan must present you and your business in the best and most accurate manner.
Related Articles -
Bookkeeper, accountant, bookkeeping, accounting, financial, taxes, business plan,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
DONNIE LEWIS
I'm an avid consumer of a smoothie a day living, herbs, vitamins and daily dose of exercise. I'm 60...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
STEVE BURGESS
Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
|
|
|
|
