Top Notch Business Plan Writing
Our company, EssaysBank.com, offers expert assistance with business plan writing. Entrepreneurs who need a new plan for their business can get qualified help at our website. It will increase their chances to find reliable investors and develop their business. Our writers possess vast experience, knowledge and qualifications required for making effective business plan.
How to Write a Business Plan
It is crucial to follow the required guidelines and writing standards when one write a plan for the business. If you know the rules and follow them, you will be willing to create a plan that will attract investors’ attention. We recommend you to order your plan at EssaysBank.com because our writers are real experts. Your plan will be assigned to a professional writer who will conduct a detailed analysis of all your business concepts and will create a plan from scratch according to your individual instructions. Business plan will be looked at from various perspectives, thus the chances of receiving investments increate.
In case you need a properly organized plan for the business, it is recommended to pay close attention to its structure. It is of utmost importance to provide financial forecast and include mission statement in your plan.
Why This Task Appears to Be Tricky in Many Cases?
Coming up with an original idea can be easy for a lot of people but not many are willing to present their ideas in a logical and clear manner. There are many reasons why people find it challenging to create an original business plan can, and they include:
- They do not possess proper writing skills;
- Formalities and specific terms are something new for them;
- They simply cannot describe their thoughts and ideas in a clear manner.
As a result, it becomes complex to write the plan that will attract investments or loans. In addition, business loses opportunities to become successful.
Main Six Elements of an Effective Business Plan
No matter what your purpose is: whether you simply wish to earn some money or simply have some personal intentions (maybe you like taking a risk), it is crucial to remember to cover six important elements. Check the below overview each element:
- First element is executive summary. Here you need to provide a short review of your plan; include ideas and steps you want to take while achieving your goals. Usually a correctly written summary takes up to two pages in your business plan.
- Second element is opportunities. Here you need to address the question regarding your product or service, be clear and provide comprehensive explanation. Will the target audience receive any benefits. In addition, you can explain how you are going to satisfy the market needs.
- Execution is the third element. In this section, it is important to explain the ways you want to take an opportunity and make a successful business out of it. Here, you need to describe in detail the sales and marketing plans, include operations plan and describe all the milestones.
- Company management summary is the forth element. Usually business investors are interested in finding successful and highly effective teams. That is why it is vital to specify your team, describe its location, inform the potential investors about their level of professionalism.
- The fifth element is financial plan. If you fail to include so called financial projections in your plan, it will automatically become incomplete. Here you are supposed to provide sales forecast, include income statement (losses and profits balance), statement of cash flow, and of course the balance sheet. Without detailed financial projections, your business plan will be considered incomplete.
- Appendix refers to the last element of your plan. If you have used such additional materials as graphs, figures, visuals, provide them in the last section called appendix. You can always find a business plan template online and check its structure.
Expert Business Report Example for Free (Business and Budget Plan for MFPD)
It is an undeniable fact that every company needs to plan its performance in advance. Therefore, the Mosquito Fire Protection District needs a new business strategy, especially in terms of its current state. It keeps increasing its annual revenues, but their value does not grow as expenses are increasing accordingly. For this reason, the following business plan focuses on this aspect and suggests strategies, which will lead the organization to a new level of performance. It is important to note that the business plan includes the short run strategy for one year and the long run strategy for five years, with the related plans of implementation.
Short Run Strategy
The short run strategy presupposes a time frame of one year and suggests the following steps. As the data of previous years witness, the organization plans its expenses and revenues in accordance with a bottom line of the related break-even analysis. The lowest margin for the performance of the organization is determined by the point when expenses equal to revenues. Actually, such strategy implies a considerable risk. The following graph demonstrates that.
For instance, the balance of the expected revenues and expenses is equal to null, and the next year, the organization faces a loss because of unpredicted circumstances; the revenues will not be equal to expenses even though they have been estimated in this way. As a result, the organization will incur a loss as the expenses are exceeding the revenues. In fact, the organization is not protected from unexpected decrease of revenues, which can be caused by numerous factors. Namely, the organization may estimate total revenues to be equal to null for the following year, but then, the organization may face a certain loss leading to negative revenues. It stands to reason that such a risk should be eliminated. Therefore, the estimated and actual revenues are expected to increase accordingly. It is an important aspect of the short run strategy, which makes it important to discuss, as well...
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All our writers use business resources in their writing practice. You will notice it when ordering your plan at our website. It helps our writers to provide unique content and make original plans. Do not hesitate and contact us for more details.