Planning, Startups, Stories


Tim Berry on business planning, starting and growing your business, and having a life in the meantime.

The Blog Business Plan 5

Professional investor Bijan Sabet received a blog as a business presentation. He suggests it makes sense. “It’s a first for me,” he adds. “I actually liked it.”

You can read more of the post for a quick view of the navigation involved, and some interesting comments as well.

What I really like about this is it is a concrete example of what I’ve been saying about planning and plans. Form follows function. Business planning is about running a business better and a business plan is not the set-in-stone standard format coil bound quasi-PhD treatise. It doesn’t have a standard outline and a defined format. It better have good market analysis, good focus, good cash flow, and it better have concrete dates, deadlines, budgets, and assigned responsibilities.

I think it will help people get out of the rut,  meaning all these stupid “don’t do a business plan” comments from people who really mean don’t get lost in the document, don’t obsess, don’t do a business plan covering more than you need, and do a business plan as a tool for business management, a plan you’ll track and follow up.

 

 

  • http://www.sagestrategy.com/index.php?page=planning Business Plans

    Great information thanks for sharing this with us.In fact in all posts of this blog their is something to learn about this great concept of Business Plan. If you provide valuable content that helps them do this, they’ll be much more inclined to buy the products that you recommend and to click on your links in order to help support your site. Bloggers can leverage their expertise in the area they blog about by creating their own information products, such as e-books, teleseminars, online courses, and so on, and selling them to their readers. I’ve recently been trying new monetization strategies on my own blog. Right now I’m just trying different programs to see what works and simultaneously I’m optimizing my archived content. I think the emphasis should be on quality of posts (or visible results) even before someone starts to think of monetizing. I cannot get over how many people launch products even before they give enough value to the readers. Thanks for sharing.

  • http://www.mightyventures.com/ Business Plan

    Blogging is a great tool and marketing strategy indeed. Make sure to address the following important points.

    * People (Have you hired the right ones?)
    * Product or service (Can you build and deliver it? Will it fly?)
    * Market (Is it big enough? Can you reach it?)
    * Financial (How much will it cost us?)

  • http://www.makemoneyonline-guide.com Paul Morales

    Great Idea. I was just starting my blog and I need a better plan on deciding how my blog will succeed.

  • http://blog.timberry.com Tim Berry

    I edited Scott's comment, instead of just deleting it, because it gives me a chance to make a point. Buy business plan software, or business plan tools, perhaps, but don't ever think of buying somebody else's plan, or a canned rehash plan, as if you were going to just use it as your own. Somebody else's plan is way worse than no plan at all. Do your plan, it isn't that hard. You don't have to do the full formal thing. But make your own plans.

    Business plans are made, not bought.

    Tim

  • http://www.example.com Scott

    if your looking to start your own business then the simple matter is you need a great business plan… Take a look at our website, we offer tons of different already used & funded in 2008 business plan examples for $20 and can be instantly downloaded, simply goto: XXXXXXX and have a look for yourself!