Information provided by OBC Home Business System

What is a business plan?

A business plan is a blueprint of the company. From Fortune 500 firms and SME’s to work-at-home enterprises, it is something that every business needs. A business plan can help you identify opportunities and exploit them; it can help you foresee problems and develop ways to solve them. A good business plan is a great investment; one that can help save an immeasurable amount of time and money in the future.

Why do you need a business plan?

  • To outline your business goals & objectives and achieve them in a timely & cost effective manner

  • To apply for loans/financial assistance, to start and grow your home business
  • To grow your business and enrol partners

  • To impress new clients

Start writing your business plan today. Check out the OBC Working From Home Business Guide.

Don’t wait till it’s too late. Start planning NOW. Business planning may not be an easy task, but it’s certainly doable, and absolutely worth the effort!

Things to remember when writing a business plan:

  • Begin with an outline of your business and then organize your thoughts into a logical order
  • Stick to the bare essential, provable facts
  • Keep the document simple, concise, interesting and credible
  • Include examples, anecdotes, graphs and images
  • Review the plan at every stage

FREE business plan template

Cover Page:
  • Company name and address

  • Author’s name & credentials

  • Date


  • Table of contents:
    A list of the topics outlined in your business plan, associated with page/section numbers

    Executive Summary: A clear, concise 1-2 page précis that explains the key points of the business plan

    Company & Industry overview:
    A brief report on the nature of your home business, when and why it was established, business relationships and industry trends

    Mission Statement:
    A compelling yet plausible statement that will inspire your readers to support your business goals &objectives

    Products & Services:
  • Detailed product descriptions with images (if possible)

  • Research and Development information

  • Pricing & shipping information


  • Marketing and Sales:
  • Definition of your market

  • Customer profile

  • Competition analysis

  • SWOT analysis

  • Marketing/Sales strategy


  • Management:
    A short introduction/biography of the people in your home business network

    Financial targets and objectives:
  • Profit & loss statements

  • Cash flow spreadsheet

  • Balance sheets

  • Break-even analysis


  • Get an accountant to prepare your financial statement, or to review the one you prepare.

    Long & Short-term goals and objectives:
    A description of your long-term goals and immediate objectives

    Appendix:
    A place for business plan extras (financial graphs, marketing material, growth projections etc), that support claims made, and make the document more credible

    Business planning software

    If you’re serious about writing a business plan and looking for personal assistance, you could invest in business plan software. Click on the links below for examples of Paid & Free business planning tools that are designed to take the hassle out of writing successful business plans:

    http://www.planware.org/businessplansoftware.htm
    http://www.netsuite.com.sg/portal/sg/products/netsuite/main.shtml
    http://planmagic.com/products.html
    http://en.magicworkbooks.com/fr_mw.php?content=workbooks
    http://planningsoftwarefreeware.info/planning-software-freeware/

    Working-From-Home can help jumpstart your home business and help you perform better. Sign up online and receive a free copy of the OBC Home Business System Movie Presentation, and these two industry acclaimed reports:

    "The #1 Secret to earning at least $100,000 a year online - from a Guy who's doing that right now and will show you how you can do it too"

    And,

    "The 11 Critical Questions you really should ask to determine if an Online Home-business is legitimate (or Not!)"

    Click here to submit NOW!!

    © Copyright 2001 - 2007 | working-from-home
    Wealth Creation :: Home Business Planning :: Training and Support :: Lead generation :: Working From Home
    Using any information available through our website or obtained from our website via another source to attempt a
    targeted contact campaign against any person(s) or any organisation(s), using any medium is forbidden.
    v3.0