About Us

About Us

Since we started this website 14 years ago, Business Plan Database has developed into being a leading provider of business plans across the world, with the clear intention of helping small businesses whether they are just starting, expanding, or being turned around; we want to help them become prosperous. We have now provided nearly 50,000 business plans and we are convinced that your success is our business.

We appreciate small businesses and our plans have been developed to make sure that small business owners take charge of their organization energetically and be successful. We are committed to supplying our know-how, experience, and skills to as many happy customers as possible.

Our longevity tells you why our business plans will work for you and your operation.

Why Write A Business Plan?

When we begun developing business plans around thirty years ago, every business plan that we worked on was needed because somebody other than the businesses owner had asked for it; generally for a bank that requested a document to put in their records. Plans were prepared for others and not with the purpose of helping the new business owner open a new venture that concentrates on their objectives and aspirations business.

Luckily those days are gone and successful company owners regard their business plan as a necessary component of the day-to-day operation of their small business. By recording their objectives, and understanding their influence on their overall small business, they have written a report that will be used to reinforce a broad variety of day-to-day decisions. The process of producing a business plan not only forces the companies owner to review everything in their organization, but also produces solutions to the issues that challenge their small business. A business plan clearly sets out how they need to promote their goods and services, their pricing policy, the type of buyers they are looking for and also serves as a customer service manual.

We all realize that developing a business plan for a third party is a nuisance; producing a plan for yourself is an opportunity for your business.

Obviously the major beneficiary of your plan is not your banker, interested backer, or your lawyer; clearly it is you! If you can prepare a thorough, orderly, plan, with a unambiguous focus, then you possess a genuine advantage, that the majority of your competitors will miss out on. You should use your business plan to develop an organization that is focused, that works towards your goals, and follows a clear route to profitability.

”A business plan needs to function as the business owners guide and pull together the different elements of their organization”, says John Pearce, business coach of the year, “The plan must be utilized to examine the companies goods, marketing strategy and its finances. It will also be utilized to evaluate what the businesses employees are doing and will form the foundation for the ventures systems. Applied properly it develops into a guidebook for your business. It will work as a staff manual, a regular reference point and the document that you will review everything in your organization against.

Business owners that develop a business plan can talk to their financial institution whenever they need to and say, this is our business plan, we are asking for this amount and this is how the company will be utilizing it. An intelligent business owner can recruit employees to run their business as everything wanted of them is specified in a single document.”

Pearce, who has helped in the creation of over four thousand business plans in the last thirty years, is absolutely clear that the genuinely prosperous companies were planned that way.

”With all of the research data now readily accessible on the web and the undeniable need for every business to establish an exciting and income generating online presence, it is totally inconceivable that any budding entrepreneur would not produce a business plan.

Twenty-four out of every twenty-five organizations will ultimately fail, and 96% of all organizations still do not create a business plan, but that makes the organizations that will fail are that much easier to spot!”

We Have Documented The 10 Things All Businesses Must Be Thinking About

65% of all start-up businesses collapse within three years, and 25% fall by the wayside within a year. To ensure that you have a better chance of getting through this period we have assembled a checklist of the ten things you should do to make certain your business is successful.

  • Sole trader or limited company? The choice you decide upon for your business will affect the tax you will pay and the amount of legal and fiscal accountability you are exposed to. As a sole trader you and your new venture are, in effect, the same thing, whilst the assets and liabilities of a limited company belong to the company, as this is a separate legal entity.

  • Define your target audience. Striving to sell everything to everyone will never work. Your sales effort needs to be aimed at your prospective buyers and all that you do, from your companies website to your advertising campaigns, must engage them. Consulting your potential customers will make them feel they have a say, will create allegiance, and should increase the chances of them recommending your organizations products and services to third parties.

  • Size up your businesses competition. Which other businesses are providing the products and services that you are preparing to provide? What are their strengths and weaknesses compared to your business? By considering the competition you can profit from their mistakes and also ascertain what their customers like. You may also determine the amount consumers are likely to pay for what you offer, and also the way you can differentiate what you sell from others that are available.

  • Get your business noticed. There is no point in an amazing business idea if nobody knows about it; so how will you get noticed? If you do not possess a generous marketing budget, begin small and apply yourself to developing relationships. Use social media and network hard to begin building a good image with not only prospective clients, but also journalists, suppliers, relevant companies and local business organizations.

  • Create a website. Did you know that around half of all small-scale businesses do not have a web presence? Many would like one, but they either consider they cannot afford it or do not have the prowess to put it together themselves. The latter may have been accurate a few years ago, but modern website creation tools mean total beginners can now get a website and online store set up in no time.

  • Decide on your USP. Customers will only stop buying from other businesses, in favor of yours, if you offer something superior or distinctive. Your Unique Sales Proposition defines what is special about your goods and services, outlining what your buyers cannot get somewhere else.

  • Work out and obtain the correct amount of funding. In a perfect world you would have plenty of cash to finance the launch of your new venture, but, in the main, it is not an option. Instead you might approach friends or family to see if they may be prepared to help, or you could look at obtaining a small business loan or hunt for a financier. You should also find out if grants are available for your business.

  • Write your business plan. Great businesses were planned that way. This is your opportunity to verify that each section of your business will work properly and is realistic. If it is not, should you really go ahead?

  • Decide how your business will sell to its customers. What is the route to market? Think about all of your choices, from market trading to eBay shop to catalog, to a retail or mobile stand, to picking up sales at networking events or on facebook and twitter, to an email campaign or partnerships or simply advertising via Google Adwords.

  • Decide when you should open your business. You are ready to open your company but do not rush to give up your job. The salary will be handy in the short-term, as it could be advantageous to put together your business in your spare time, and then make the big jump when your company can support you and is actually ready for your full-time attention.

When you need to make decisions about your business you must stop and think about these points:

  • Is this the right decision for me and my business?

  • What effect will this decision have within each section of the business?

  • How much might the decision cost and where will this money come from?

  • If there is not sufficient money in the new ventures budget, what will you do without and how will that affect the business?

  • Are these decisions reflected in your business plan?

There are a good deal of questions you might ask yourself in regard to the decisions you have to make. Making these choices when you are under duress can lead to a disaster but using a resourceful business plan means your decisions are somewhat simpler to take.

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About Us
Business Plans Index
Before You Start
Starting A Business
The Right Business Name
The Basics Of Business Planning
Writing A Business Plan
Start-up Business Plan
Quick Business Plan
Business Plan Outline
Business Plan Sections
Business Plan Template
Executive Summary
The Mission Statement
Company Summary
Products and Services
Marketing Plan
Marketing Strategy
Marketing Summary
Market Research
Competitive Analysis
Competitive Strategy
Management Summary
Managing Your People
Operational Plan
Start-up Expenses
Sales Forecast
Profit And Loss
Balance Sheet
Cash Flow
Business Loan
SBA Loans
Franchising Your Business
Exit Strategy


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