10 Steps on How To Write a Business Plan
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- เผยแพร่เมื่อ 28 พ.ค. 2024
- 10 Step Business Planning Guide for Beginners.
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Are you starting your own business? You’ll want this FREE business plan template! In this video we will show how to write a business plan in 10 simple steps
In this business 101 video, we’re going to walk you through all the key elements to include in a business plan , and give you a simple step by step free business plan template that will help you outline your business operations, set goals, and create a rock solid business strategy to reach your goals and help take your profits to the next level.
You’ll learn how to refine your business goals and vision, how to write a market analysis, how to define your target market, how to create a marketing plan, how to create a logistics and operations plan, and how to write a financial plan. If this sounds like a lot to remember - don’t worry we’ve got you covered. As a bonus we will give you a free downloadable business plan, which we encourage you to follow along with, fill in and start creating a rock solid business strategy today!
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► How to write a business plan: bit.ly/2Wa7YLi
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-- TIMESTAMPS --
00:00 How to Write a Business Plan
01:04 Executive Summary
02:11 Company Overview
04:07 Vision, Mission, and Values
05:51 Market Analysis
08:05 Competitor Analysis
08:19 Products and Services
08:38 Customer Segmentation
00:09:20 Marketing Plan
10:20 Logistics and Operations Plan
10:33 Financial Plan
12:58 Value of a Business Plan
13:34 Free Gift
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#HowToWriteABusinessPlan #Entrepreneurship #HowToStartABusiness
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This is AWESOME! Thanks for distilling this into such an entertaining and informative way!
Thank you, this is incredibly helpful. I so appreciate you!
Nice job ! Organized and concise. Thanks
Had so much fun learning from you sir. Very educative and interesting approach had to subscribe.
That was the only video about business plans that I could comprehend. Congratulations!
The only suggestion I have is: you could have given more personal examples. The few times you did made things so much clearer.
Thank you! Man i needed this. I am struggling with writing a business plan, I will implement this, the best i can. Thank you again, I will let you know how this goes. Thank you again
Super helpful. Well consolidated. Thanks!
Very informative, simple, and to the point. Thank you.
This is a great video
I learned and you kept me entertained
Thank u
Love this video and hope it helps with my business.
thank you very much, very educational
Outstanding presentation. Extremely helpful tips on such an important topic for anyone starting their own business.
Thank you, this was great!
This was so informative, loving the end too haha!! Fun to watch and learn. Thanks
so helpful. thankyou!!
Crazy good break down! 🤙
Incredibly helpful resource for up and coming entrepreneurs. Love that you guys keep empowering new entrepreneurs.
Thanks Tyler! We’re trying to give new entrepreneurs and established businesses the tools and education they need for their business to thrive online in these turbulent economic times.
Very nicely presented in a concise manner. Cheers mate.
I love your very catchy sense of humor. Thank you for these valuable tips👏👏
Very informative applicable tips . Thanks
SBA website has some great samples and information
* PS: the executive summary is written last; after you finish the rest of the plan
Agreed
Love the recent videos you've been putting out! 👍 Thanks for dropping expert knowledge Seb! ✌️
Thanks for the love! We have a new video coming out on Affiliate Marketing next Wednesday. Keep an eye out 👀
Wow i love this i can zee know what i need go doo thank u for shering
Thank You!
Your channel is going to grow rapidly.
Mark my words.
Thank you so much this was so informative! You are very talented at explaining things that are difficult. Where is the gift business plant template though?
Thank you this important information. Well presented. Will help me write my business plan
Thank you!!
This honestly helps so much, saved this video so I can come back a follow the steps as needed. Thanks for the help, saved me alot of hassle.
Same here
very well done
good.thank you.
Hi Bill. I am George from South Africa. You have hit on the point and thank you for helping me to start without business plan but start correct
This is a very Good Presentation. Any Business must have a Business Plan before. Other things will follow.
thank's Sir!
Very creative, funny and straight to the point. Thanks Bro!
Glad you appreciate it!
You make this fun but clear cut. Thank you
My dumb ass founded a non profit and a for profit then developed my husband's company ,llc about the same time. Good news is he's happily busy everyday
Valuable video content
Very interesting ♥️♥️
Fanastic video! Very informative and easy to understand
Thank you for watching!
I will keep to this channel
Thank you so much 4 your supporting us 🙏🙏👍👍
You're always welcome!!
That dog is so cute !
I like you. You are awesome!!
Nice
lol the sims music in the background. Great video btw :)
Very comprehensive, thank you. Where is the template, please?
Good video sir
Dope! i haven't received the template yet...
The part at 3:09 made me die laughing 😂
He’s a real good boy 😇
Thank you so much for this knowledge. I'm looking forward to new venture that was prompt buy the Lockdown which gave me a lot of time to thing and made me realize that I can be my own boss..
And thank you for your kind words! We are a firm believer that you can definitely be your own boss. Please let us know if we can help you out in any other way.
Okay, this video has been AMAZINGLY helpful. I've probably watched it completely (or in parts) at least 100 times since finding it. HOWEVER - I'm wondering if it's okay to kind of re-organize things just a little bit? Like when he says your business structure can be shown with an org chart - can we also list plans to expand the team right after that? Seems like it would keep things more succinct. Another question - for company overview when he tells the story about the dog rescue - should that not be in the beginning, or at least some kind of story in the beginning to get people hooked? Just brainstorming.
How to write a restaurant business plan. Watch, subscribe, and share the video.
th-cam.com/video/EtSLy_9ftEs/w-d-xo.html
@@cyberdragon5074 Lol, no.
Damn, that was good
This is a useful resource. Maybe an actual template on a page would also help
good
YOur great man
Cheers!
It is perfect
So happy you found this video useful!
Is this relevant if my business will be in the service field?
Hello! I loved your video, which was fun to watch and more so, I love that you help rescue dogs. I have a business I want to sell, do you think your help would apply to selling my business and not just products?
Appreciate your comment, Stephanie! If you're looking to sell your business, I'd recommend going through our blogs here: bit.ly/402FCQJ and here: bit.ly/3mAZuNl instead to help you get prepared.
Well yeah, that's what we expected
cool
Hello Seb
Questions; if my business is a dropshipping business, will I need to include a space rental in my startup cost? And if don't have a brick-and-mortar physical location can I simply use my P.O. box?
Hi Mark! You wouldn't need to worry about renting a space. Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly!
We also have a course that will provide you with step-by-step instructions on setting up a successful dropshipping business: bit.ly/2SMkYb5. Hope this helps!
Is "humbleness" a word?
Really wish the link would send the template automatically... or even better a simple download link...?! :(
Glooks
❤❤
Okay, but how do I want to interact with my employees and investors?
Write down your goals
What outcomes are you expecting?
Write out what your hoping to achieve?
Communication with employees will be different from investors.
I could not find your business template? no links?
Hi Jeremiah! You should be able to click on the links within the description above, otherwise please follow this link : bit.ly/3q9Qf5L which will take you through to our Free Business Plan Template. Let me know if you also run into issues trying to access that also!
@@learnwithshopify Thanks!
No worries Jeremiah! Enjoy your day!
Where is the business template?
The business template can be found in our blog post here: shopify.link/KayM
What if you simply want to start from scratch without investors or financing?
Hey! Starting a business from scratch without any investors or financing can be a great challenge, but it is possible. Have you looked into Dropshipping? At Shopify, what we really like about dropshipping is that it provides a lower-risk approach for independent businesses to test out new product ideas (and product lines) without having to own and pay for the product upfront. I suggest having a read of our [ultimate guide to dropshipping](bit.ly/3htmDL2) for an in-depth look at this business model.
You have not sent me the free template, I have requested for it three times.
Hi! If you have input your email then you should have received the free template. Have you checked your spam folder in your email?
Thank you. Got it.
@@learnwithshopify Thank you. Got it.
I think the dogs are okay did humans need help though in Philly anyway I don't know where you're at
No template here in the description box
For me, it's at the bottom of the fourth paragraph in the description.
It's a link to subscribe to a free newsletter with the template as a reward. Apparently, you can unsubscribe from the newsletter as soon as you get the template if you want.
Thanks ! I have found it
@@piccolecose happy I could help!
pro kaba
kuya
The video was interesting UNTIL SIMS 3 MUSIC STARTED PLAYING, then it became more intersting
Are you Chris Pratt?
Haha 😂 just his less-famous doppelgänger
next time use memes in your video and maybe you will get more views
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
I saw your video And I got interested in contacting u for a chat
Business Plan Template
1. Executive Summary
Business Name:
Business Type: (e.g., Sole Proprietorship, LLC, Corporation)
Founder(s):
Date Established:
Mission Statement:
Vision Statement:
2. Business Description
Business Concept: Describe your business idea and what makes it unique.
Market Need: Explain the problem or need your business addresses.
Target Market: Define your ideal customer demographics and characteristics.
Market Opportunity: Discuss market size, growth potential, and trends.
Competitive Advantage: Highlight what sets your business apart from competitors.
3. Products or Services
Product/Service Description: Provide detailed information about your offerings.
Features and Benefits: Explain how your products/services satisfy customer needs.
Pricing Strategy: Describe your pricing structure and rationale.
Intellectual Property: Mention any patents, trademarks, or copyrights.
4. Market Analysis
Industry Analysis: Analyse the industry in which your business operates.
Competitor Analysis: Assess key competitors, their strengths, and weaknesses.
SWOT Analysis: Identify your business's strengths, weaknesses, opportunities, and threats.
Customer Analysis: Detail your target customer profiles.
5. Marketing and Sales Strategy
Marketing Plan: Outline your marketing strategies, including online and offline channels.
Sales Strategy: Describe your sales approach and distribution methods.
Advertising and Promotion: Specify your advertising and promotional tactics.
Customer Acquisition: Explain how you plan to attract and retain customers.
6. Operations Plan
Location: Discuss your physical location or online presence.
Production/Service Process: Describe how you produce or deliver your offerings.
Supply Chain: Explain your supply chain and vendor relationships.
Quality Control: Discuss quality assurance processes.
7. Management and Team
Management Team: List key team members, their roles, and qualifications.
Advisory Board or Consultants: Mention external advisors if applicable.
Organizational Structure: Provide an organizational chart if applicable.
8. Financial Plan
Start-up Costs: Detail the initial investment required.
Revenue Projections: Present sales forecasts for the next 3-5 years.
Expense Projections: Break down operating expenses.
Cash Flow Statement: Outline expected cash flows.
Funding Needs: Specify if you need external funding and how much.
9. Funding Request (if applicable)
Amount Needed:
Use of Funds:
Repayment Plan:
10. Milestones and Metrics
Key Milestones: Set specific goals and milestones for your business.
Key Performance Indicators (KPIs): Define metrics for measuring success.
11. Risk Analysis
Identify Risks: List potential risks and challenges.
Mitigation Strategies: Explain how you plan to mitigate these risks.
12. Appendices
Include any supporting documents, such as resumes, market research data, legal documents, and additional financial information.
This is AWESOME! Thanks for distilling this into such an entertaining and informative way!