the business plan
Post on 16-Nov-2014
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DESCRIPTION
The use of the business plan has been widely abused. A business plan is a tool and using the right size tool for the right job is very important. If you fail to use the right tool, you will have to face the inevitable consequence of inaction.
TRANSCRIPT
THE BUSINESS PLAN
A BUSINESS PLAN IS A TOOL
JUST LIKE ANY TOOL
IT COMES IN ALL SHAPES AND SIZES
YOU NEED TO MAKE SURE YOU HAVE THE RIGHT SIZE TOOL FOR THE RIGHT JOB
BUSINESS PLANS TAKE THE SHAPE OF 3 DIFFERENT TYPES OF TOOLS …
THE HAMMER
Hits the nail right on the head
THE HAMMER HAS 3 PARTS
1) PURPOSE
2) GOALS
3) HOW TO ATTAIN THE GOALS
EVERYTHING ELSE IS JUST
JIBBERISH
IT DOES NOT HAVE TO BE TYPED
AND CAN BE ONLY ONE PAGE
NEXT IS THE LAMP TOOL
THIS IS THE PLAN YOU GIVE YOUR BANKER/ INVESTOR – IT HAS ALL THE
BELLS AND WHISTLES
LAST IS THE SEAT BELT
FOR THE EXPERIENCED ENTREPRENEUR ONLY
IF YOU USE THE WRONG SIZE TOOL FOR THE RIGHT JOB
YOU END UP CONFUSED
AND WILL NOT TAKE ANY ACTION
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