How to prepare a business plan: Entrepreneurship and Small Business 1, #1

By Oral Ballantyne

Thinking of a great business idea? 

Wondering what’s your next step towards real money making adventure? 

An entrepreneur's journey does not end at a brilliant idea. That’s just where it starts. It takes proper business planning and an effective management team to ensure that your investment works for you. 

This book deals with how to prepare a business plan to meet potential investors. It explores the basics of business planning, the reasons for planning and the planning process itself. It covers market research and lays out a format for a business plan that has the essential elements investors often look for. The Chapters cover: 
Why Plan? 
What is a business plan? 
Executive Summary writing 
Marketing and Financial Plans 
Business Operational Plan 
…and many more key essentials you need to know to create an effective business plan. 
The author demystifies the skill of business plan creation and takes you through the process in simple language for all to understand. He uses his skills as both a trained Educator and an Accounting expert to break down this process in a way to help you succeed. 

• Language: English
• Publisher: shefflorn
• Release date: Jul 28, 2015
• ISBN: 9781516314997

Oral Ballantyne

Oral Ballantyne is an experienced lecturer at the college level in the area of Business and Accounting. He holds a B.Sc in Accounting and Post Graduate Diploma in Education from the University of the West Indies. He has also completed the ACCA professional exams.   

Book preview

Introduction:

A goal without a plan is just a wish. – Antoine de Saint-Exupery

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You may be somewhere in college right now trying to figure out your future in the world of business. It may be that you are required to make a business proposal as a requirement of your college programme. Or, it may be that you are a stay-at-home mom who has come up with some creative ideas to solve some problems moms frequently face at home. Maybe you are an unemployed father looking for the next business project or a teenage girl looking for a foothold into the world of business with you business idea.

If business is your goal, this book is for you. If you are a complete novice who has an idea but does not know where to begin, this book helps you to see beyond just a simple goal. It is time to show commitment to your idea by putting it into a concrete plan that you can take to the persons or institutions whom you may wish to help you get this idea into a product or a service.

I have been advising and supervising the preparation of business plan for students for over three years. As a Programme Coordinator in the Entrepreneurship and Small Business Management at the Associate degree level, I have supervised and helped to shape many business plans to meet industry’s standard. I have also seen many approval letters from financial lending institutions for these plans which met the requirements necessary to convince a lender that you are serious about business. I would like to share with you my experience and tips to guide you in preparing a successful business plan. This book is aimed at achieving two things:

1. To force you to think through your business idea thoroughly, and

2. To create a business plan that can help you communicate this idea effectively to your potential investors.

Lets begin.

Why Prepare a Business Plan

Plan well, then execute something worthy of your sacrifice Oral Ballantyne

The world of business is exciting. Everyone enter it for the purpose of making a profit. The actual running of a business is time consuming and demands

Reviews for How to prepare a business plan

[Ubaid · Rating: 5 out of 5 stars]

Loved this book, concise and to the point. Highly recommend it.