There are numerous business plan templates you can download from the internet. But you have to somehow make sure your business plan is the best!
So take a look at this infographic to learn how you can make your business plan stand out from all the other.
1. Having an optimistic vision is great, as long
as you remain realistic. Don’t embellish or
over-project in your business plan.
This will help you conceptualise your
business better, and convince investors to
take you seriously.
Tips for
writing
THE BEST BUSINESS PLAN EVER
10
BE REALISTIC
KNOW YOUR
COMPETITION
Name all of your competitors and
comment on how you are better than, or
at least different from, each of them.
ASK FOR ADVICE
Remember to talk to people who work in finance,
marketing, law, or production to help you with certain
elements of your business plan. There is no shame in
getting help.
SUPPORT YOUR
BUSINESS PLAN
WITH NUMBERS
Get hard data, facts, and statistics on
your side, especially when it comes to
talking about your industry’s market.
BE CLEAR AND
CONCISE
Your business plan should be less
than 20 pages long, so don’t ramble.
Leave out filler language, and come
straight to the point.
PAY ATTENTION
TO LANGUAGE
You might not be a writer,
but a well-written
business plan makes a
good impression.
Consider asking for help if
you are unsure.
BE CREATIVE
Do something unique
with your business plan
that will not only make it
stand out from the rest,
but also show that you have vision
and initiative. Don’t just take an
existing template and fill it in with
your own information.
DON’T
IGNORE THE CUSTOMER
Do research, conduct surveys,
and organise focus groups to find
out what your customer really
wants.
TAILOR YOUR PLAN
You need to know your audience.
If you are submitting your plan for
a bank loan, think like a banker
when writing it. If you need
investors, write your business
plan specifically for them.
FIND OUT MORE ABOUT STUDYING AN ENTREPRENEURSHIP COURSE AT
www.oxbridgeacademy.co.za
PROOFREAD
Even if you are a really good writer,
ask a few people you trust to
proofread your business plan. It’s easy
to miss your own mistakes.