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Updated over 10 years ago on . Most recent reply
Business Plan
Hello Investorland!
Does anyone have any tips for writing a comprehensive business plan? What to include, what not to include, how to format it, etc?
Thanks!
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#4 Marketing Your Property Contributor
- Lender
- Greater LA/Orange County area, CA
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#4 Marketing Your Property Contributor
- Lender
- Greater LA/Orange County area, CA
For starters, you really will benefit by clarifying what you want to accomplish
Is this an ongoing business? A new business launch? A real estate related business? An investment plan?
I have several different plans. When I was in the Fortune 500 corporate world, we used annual operating and functional plans. Helpful but not very applicable to the businesses that I've started and currently own.
Here's what I use:
Strategic Plan - summarizes which markets I wish to serve, what services and where profits are made
Business Plan - details the product/services and methods of reaching niche markets
Marketing Calendar - monthly implementation of campaigns, by media, etc.
Investment Strategy & Plan - where I invest my money, how to grow, protect and spend
Tip: in you focus on asking better questions (of yourself and of others) you'll be much more likely to be lead to better answers.