Writing A Business Plan: The Business Plan for Small Startup Has Something The Big Guys Wished They Had

A business plan for small startup has nearly all the considerations of larger business, just in smaller scale. No kidding. You've still got research, marketing, financing issues, etc.

Then you've got something that big businesses haven't got: flexibility. You just don't know how important this is until you haven't got it.

Key Consideration

Let's start at the beginning. Why are you starting this business? Do you want a small business, or are you just starting small? There's a big difference. If you want a small business, that's fine. If you are planning on a big business down the road a bit, well, that's a different issue. The mind set is really different for the two scenarios.  

For the purposes of this discussion, I'm going to assume that you really want a small business, just like the millions of small businesses that already exist successfully. If you truly want a mid-size or big business, check out some our other business plans for start up businesses.

Strongest Advantage to a Small Business

You call the shots. You decide what the business will be, and how it will be operated.

Strongest Disadvantage in a Business Plan for Small Startup

Succession Issue. As a small company, ensuring succession in the event you are incapacitated is a touchy issue. But it is a real issue.

Skills Issue. As a small company, each person needs to possess a lot of skills. You don't have a Human Resources Department. Or a Strategic Development Division. Or an Advertising and Public Relations Department. You're IT.

Overcoming the Disadvantages With Your Business Plan for Small Startup

Use Your Business Plan for Small Startup to Examine Your Business Skills

Your business plan will need to answer a lot of questions, such as:

• Where is your marketing skill?
• How did you get industry skill?
• How will you "fill in" those spots where you are missing experience?
• How will you get clients?
• Who handles the business if you get sick?
• How much equipment will you need?
• What is the value of that equipment?
• What makes you think you can succeed?

... and on and on.

The 7 STEP BUSINESS PLAN FOR SMALL STARTUP will walk you through all the major decisions you need to make to ensure that you get started right. You will look at issues that you probably haven't considered, and you will look at solutions too.

Use Your Business Plan for Small Startup to Best Use the Skills of Your Advisors

First, discover how to locate the best accountant and the best banker for your business, with full checklists of what you should ask them.

Then discover how to use the skills that these professionals possess. Before you know it, you will have a whole truckload full of support from all over.

Use Your Business Plan for Small Startup to Help You Really Succeed

Everyone says you need a business plan. Few people can tell you what that really is.

Well, here it is. It is YOUR workbook to work through the issues dealing with YOUR business. No one else's. No "theoretical" business. YOUR business. YOUR way.

With YOUR skills, those of YOUR ADVISORS, and OURS -- well, we can build a pretty impressive business.

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