Trying to come up with an easy startup business plan unfortunately is not as easy as it sounds. In fact, according to the Small Business Administration, it takes the average entrepreneur more than 400 hours to craft a business plan. And that is the average – never mind the person who is trying to embark upon a business plan for the first time. The business plan writing process does not have to be entirely painful, however. In fact, there are a number of way to streamline the process and to still come up with a business plan that will convince an investor or lender that they should write you a check. To get started, here are the following sections an easy startup business plan typically includes:
• An executive summary
• A market and competitive analysis
• A description of your background
• Basic three-year financials
These sections can be expanded or cut entirely depending on your needs. However, if even this seems like too much work, for the most easy startup business plan, you can focus entirely instead on your executive summary. An executive summary is often times the only thing an investor or lender reads anyhow, meaning that if you spend time on one thing, it should be that section. Do not just take our word for it, though. Here at MasterPlans, the business plan writing professionals, we have thousands of former clients who can attest to the important of having an executive summary that is well-written and in particular the strength of the documents crafted by MasterPlans. Give us a call today to find out how we can help you. Reach us at 877-453-2011.
