Bussiness Plan

[Kim Handelman]

Hey All,

I'm working on my business plan and have searched the internet for some templates. I'm finding that a lot of the templates and sites out there are not well suited for REI biz plans. Does anyone have any leads on where I might find some biz plan info that is geared toward REI?

[Dev Horn]

Some people execute better with a plan; others like to do it by the seat of their pants - do what is right for you.

I like the idea of a Business Plan - I'm thinking an Excel based business model really - where you plot out all your monthly expenses for marketing, office space, paying staff or contractors, etc.  And you can plug in some assumptions on when money will come back in that will help you understand how many deals you need, how many leads you'll need to find those deals, etc.  It's a living document that you refine as you better understand the actual metrics of the business.

Most people don't even know what you're talking about when you say a "business plan" because they have never started a business or launched a new product, etc. It can be a good tool (for people that dig plans and tools) that can help you set the right goals and expectations for your REI business.

@Kim Handelman - would you be willing to share your business plan with me? I'd be glad to review it, add to it. etc. I have built dozens of business models and launched many new products & services over my career; I'd like to work with you to create an REI business plan/model that we can share with everyone on BP. other investors, etc.