Any business owners or any one done a business plan?

[SunDancer]

I'm starting to draw up a business plan, for a business venture I want to launch.

Any business owners or any one done a business plan?

[Darkiller]

yep

[SunDancer]

I'm looking for advice on how to create a business plan.

[SunDancer]

any advice on drafting one, or entering the business venture. I know the grind, it's alot of hours, deciation and a big risk. I'm ready, being only 19 going on 20, full of energy and driven to make something out of nothing. I love the business environment, the competition, and seeing the results of the produc/service.

[Desnudo]

It's too bad you weren't around five years ago. You wouldn't have needed a business plan, just .Com on the end of your name. Aah the good old days.

[corbes]

I know the grind, it's alot of hours, deciation and a big risk. I'm ready, being only 19 going on 20, full of energy and driven to make something out of nothing. I love the business environment, the competition, and seeing the results of the produc/service.

It's the deciation that gets most people down.

Although I do love a good produc myself. I had a con-duc once, but it didn't work out -- it kept stealing the corn mash.

Seriously, though, I was an English major. I got nothing. Sorry.

[rkmsuf]

If your idea is a robot butcher I have some fantastic thoughts...

[corbes]

You could design a robot butcher that would go to Mars and kick the ass of the Martians who destroyed our rover.

[sabotai]

Business plans are overrated. Just say "We do (whatever it is you do)" and you'll be fine. :)

[MacroGuru]

SunDancer, it all depends on what you are doing. Are you going to be pitching the plan to banks and potential investors? Or is this for you to stay the course.

Some things you will always have to have in your business plan is

1) Detailed information on the product
2) Target Market
3) Proposal on how to get said product to target market
4) Potential revenue figures
5) Costs/Loss

It's not in the correct order here, but those are some of the things needed that potential investors and bankers will ask for.

I did the bulk of my research at the library and also talked to some business owners in my neighboorhood.

From that information I was able to branch off and start a couple of businesses.

[SunDancer]

It's the deciation that gets most people down.

Although I do love a good produc myself. I had a con-duc once, but it didn't work out -- it kept stealing the corn mash.

Seriously, though, I was an English major. I got nothing. Sorry.

Sorry, I'm not an english major.

[SunDancer]

SunDancer, it all depends on what you are doing. Are you going to be pitching the plan to banks and potential investors? Or is this for you to stay the course.

Some things you will always have to have in your business plan is

1) Detailed information on the product
2) Target Market
3) Proposal on how to get said product to target market
4) Potential revenue figures
5) Costs/Loss

It's not in the correct order here, but those are some of the things needed that potential investors and bankers will ask for.

I did the bulk of my research at the library and also talked to some business owners in my neighboorhood.

From that information I was able to branch off and start a couple of businesses.

It's more for staying on course. I might pitch it some people who might be "interested", and I might pitch it to a friend to go in as partners. I have a concept that I build around with lot of potential (will not say what it is). I need to find companies though to partner with, and to try to negotiate contracts with them.

[MacroGuru]

Well,

Depending on the company and the partnership involved, the may or may not want to see what I described up top.

I would hit the library and pull some serious research. If it's to keep you on path, it's just as good. Cause if you can create a solid business plan and stick to it, and be dedicated, you will do well.

[Glengoyne]

I think what indoorsoccersim said is the bare minimum if you are looking for funding. Even if you are not going for funding, I think a business plan is a good idea. There are books in the library that will help you. I'd imagine you could find entreprenurial web sites with tips as well.

Good Luck!

[Glengoyne]

dola,

You might also check your local Chamber of Commerce or nearby business schools. I know that our local university has an entreprenurial resource center. It is an organization that puts you together with both professors and business people in the community. They can serve as a pretty good sounding board for ideas. I am sure they would have someone that could help you with a business plan. The Ertrepreneurial Resource Center here has what is called a Small Business Incubator. They even provide low rent office space with shared secretarial facilities for business just starting out.
Good Luck again.

[BigJohn&TheLions]

You could design a robot butcher that would go to Mars and kick the ass of the Martians who destroyed our rover.

Damn Martians. I knew something was wrong when they wouldn't let us read To Serve Man!

[corbes]

Sorry, I'm not an english major.

Sorry, sundancer, I didn't mean to offend or anything. I made 83 posts to the board this afternoon, none of which were serious.