Paulo Dalla Nora Macedo - Set Goals in Your Business Plan Business plans are for those who plan to go into business or are in business already. Starting a new business also needs planning, time management, scheduling and organizing to make it a success. Business plans are made so that there is some direction to your work and you don't go "off track"; get bogged down with details that can wait etc.
According to Paulo Dalla Nora Macedo, a business plan gives you a plan of action that you can use to meet your requirements. Creating a business plan involves a lot of points that must be factored in. There are some things that are common to almost all business plans like projecting cash flow, marketing plans etc. But each business is different and so is each business plan. What suits one may not suit the other. There is no master plan that one can use. A good business plan is like a good outfit that highlights your best features. Before you create a business plan you have to plan the plan. The plan has to take into account your goals and objectives, where you want to be, say, 3 years from now, what steps have you thought of to get to that goal etc. This is more so if you are starting a new business. There are many decisions to be made like your business strategy down to the color of the paper. You will be accountable to the business plan you present so you have to be very clear about what your plan is going to say and how. Basically, there are four types of plans, the mini-plan, the electronic plan, the working plan and the presentation plan. Each has its own pros and cons. Paulo Dalla Nora Macedo skilled in strategy, fundraising and business planning. Key issues have to be addressed in all types of plans and these would consist of