How Long Should a Business Plan Be?
By Palo Alto Software, Inc.
Page count is not a good way to measure length. A 20-page plan with dense text and no graphics is much longer than a 35-page plan broken up into readable bullet points, useful illustrations of locations or products, and business charts to illustrate important projections.
Measure a plan by readability and summarization. [...]
Keys to Better Business Plans
By Palo Alto Software, Inc.Business Plan “Dos”• Use a business plan to set concrete goals, responsibilities, and deadlines to guide your business.• A good business plan assigns tasks to people or departments and sets milestones and deadlines for tracking implementation.• A practical business plan includes 10 parts implementation for every one part strategy.• As part [...]
Common Business Plan Mistakes
By Palo Alto Software, Inc.
While including the necessary items in a business plan is important, you also want to make sure you don’t commit any of the following common business plan mistakes:
Putting it off. Too many businesses make business plans only when they have no choice in the matter. Unless the bank or the investors [...]