Where do I start from in writing a business plan?

King Belieal

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For a novice entrepreneur who has finished making his or her feasibility study and wants to craft a plan for the business, where does he or she start from in writing the business plan?

What is the first thing to pen down in the business plan?
 
In my experience I first drafted my goals and objectives then it's followed with the vision. After having set them, I drafted several plans. It's best to have several plans to choose to.
I believe that you did a proper feasibility before going ahead to write the business plan. That would help you to define what your goals and objectives are with the proposed business. Then, you go ahead to start with the executive summary.
 
That's right, if we start writing a business plan we have to start with goals and objectives, and create a vision and mission, then you also need to do market research, determine the type of product you will produce or sell and create a marketing strategy, etc.
 
That's right, if we start writing a business plan we have to start with goals and objectives, and create a vision and mission, then you also need to do market research, determine the type of product you will produce or sell and create a marketing strategy, etc.
I think that you nailed it here. All of these things you mentioned must be studied, ascertained and determined before one takes a pen to write down a business plan.
 
I think that you nailed it here. All of these things you mentioned must be studied, ascertained and determined before one takes a pen to write down a business plan.
I'm just sharing what I know, and I hope it can be useful for all DBucks members, especially when creating a business plan. So that's one of the benefits of a forum where we can share and receive from each other.
 
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