Kamis, 17 September 2009

Essential Business Plan For Start-ups

Immaterial of the scale of the business viz., financial size or employee size, the below business plan is a good starting point. When one has got this right, a large part of planning has been accomplished. Depending on one's purpose, additional information and more details can always be added.

Being simple and providing essential elements, this business plan is called as Individual Hoshin Plan. The name is derived from 'Hoshin Kanri', a Japanese methodology of policy deployment used for several large corporations to successfully deploy their strategies on the ground.

There are pre-requisites to writing this business plan. Depending on whether this is being written for an existing business of a big company or by an aspiring entrepreneur, the quantum of information available may vary. For more details about the pre-requisites, check out 'What I need to have before writing a good business plan'.

Unlike many other sites, there are no free templates that I am going to offer, that you can download and start filling. I'm sure you will understand that writing a business plan isn't as easy as filling a template. It's more about thought leadership and flushing ideas to workable strategies.

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