Business Plans Are Good, Are They Really?
by Tyrone on March 17, 2009 - 6 comments
I have mentioned in the last couple of months that I’ve been part of the NEIS program and have been attending the small business management course provided by BEC. During the course I’ve put together a very detailed business plan for my business idea, which is also part of this website that I created. Here’s a video presentation of my business plan:
Watch “IBP Business Plan” video on YouTube
Also for anyone interested in writing a business plan here is a template provided by BEC: Business Plan Template
Tyrone Shum
Business Planner
My name is Tyrone Shum and I'm on a journey to outsource and automate my business to allow me to work only 12 hours a week. On this website I share with you my outsourcing strategies to achieve this goal and I have a passion to teach others about what I do. Read more 
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I think the process of putting the plan together is also helpful as it forces you to put your thoughts together on where you see your business going and how you are going to get there. You then can go back to review how you actually make out as compared to the plan. Good luck!!
I appreciate the fact that you are letting us see the previews
Not all business plans guarantee success. But for entrepreneurs with decent ideas, they will surely boost this probability. A business plan will be hard to implement unless it is simple, specific, realistic and complete. There are a lot of “how to make a good business plan” tips in the internet. Your template is one of the best I’ve ever seen, though. Very detailed and very professional. Good luck to your business!