Business Plan in a Day (Review and Analysis of Abrams' Book)
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About this ebook
This complete summary of the ideas from Rhonda Abrams' book "Business Plan in a Day" defines the nine key components of a great business plan. In her book, the author guides the reader through each of these steps and explains that it should only take you about 24 hours of work to put together a great business plan. This summary demonstrates the importance of creating a business plan and how it's worth taking the time to make a road map for your business.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "Business Plan in a Day" and find out how you can create a business plan in just a day and get started on building your business!
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Business Plan in a Day (Review and Analysis of Abrams' Book) - BusinessNews Publishing
Book Presentation
Business Plan in a Day by Rhonda Abrams
Book Abstract
About the Author
Important Note About This Ebook
Summary of Business Plan in a Day (Rhonda Abrams)
Before You Get Started
1. Executive Summary
2. Company Description
3. Target Market Description
4. Competitive Analysis
5. Marketing and Sales Plan
6. Operations Plan
7. Management Team
8. Development Plan and Milestones
9. Financials
Book Abstract
MAIN IDEA
If you gather everything you’ll need in advance, it should only take you about 24-hours of work to put together a great business plan. Even better, those 24-hours don’t really need to be consecutive – you can stop and start as you choose, pausing as required and then returning to the task when you have the time available.
The key to getting your business plan together quickly is to work to a plan. Don’t waste timing trying to reinvent the wheel, but follow the template outlined below. Then you can spend more time using your plan and making great things happen. Remember the central benefit of a business plan is it forces you to focus your business activities, which is good. A business plan also helps you think through all the financial, marketing and operational issues involved.
All in all, despite the fact you may be pressured to develop a plan so you can raise a loan, interest an investor or secure other resources to start or expand your business, the process of developing your business plan is highly beneficial. Your business plan is your own personalized roadmap to future success. Taking the time and effort to flesh out that roadmap cannot be a bad thing.
"An effective business plan saves you time and money by focusing your business activities. It can give you control over your finances, marketing, and daily operations. A good plan can also help you raise the money you need to build your company. Your business plan is a powerful document telling the story of your company. It presents your current position, your vision for the future, and