How to Produce a Business Plan Using the Apple Pages
Entrepreneurship is an act of seeing problems as business opportunities. A published article from the website INC states that there is an increasing number of individuals who think that entrepreneurship is a good career choice. Also, the Global Entrepreneurship Monitor (GEM) explains that 14% of 27 million working-age Americans start to run their own business. Furthermore, the statistics show that there is a rising population of entrepreneurs.
If you’re about to start up a small business, planning is essential to make it successful. Using a business plan will make your planning stuff organized and systematic. So, if you’re having a hard time making one, we offer you some effective tips below that you can follow.
1. Know your Business
First, to make a business plan, you should have a clear idea of what your business is. So in this guide, identify the nature of your business, like your business name, business style, size of your business, and such. Through this, you already have the things that you need to input in your business plan’s executive summary.
2. Research about the Market
After you evaluate your business and its nature, you should also have enough knowledge about the market. Researching the market forecast, your competitors, and trends will help you to have a clear analysis of the industry you’ll be working on. After doing your research, you may now have a S.W.O.T. analysis of your business. Identify what your business’s strengths, weaknesses, opportunities, and trends are. With this, you’re preparing yourself and your business to face the competition in the market.
3. Be Consistent
In making your business plan, consistency in the content is a must. Having consistent content will give an impression to your audience that you know the goals that your business aims to achieve. However, sometimes it happens you to have doubt in the content that you input in your business plan, so we advise you to have a mission and vision for your business. Through this, you will have a standard guide to base your sample planner’s content.
4. Consider your Audience
Another thing to consider in making your sample business plan is your audience. For instance, you’ll be sending your business plan to your investors, make sure that your business plan is clear and understandable for your readers. Also, it is advisable to make use of a third-person point of view in making your business plan. This type of point of view will give your content a professional tone.
5. Practice Formality
Always make sure to practice formality in making your business plan. Practicing formality doesn’t just revolve in your business plan’s content; it also matters on how your business plan looks. Considering that it is a formal document, using massive design details for your business plan is not advisable. However, if you want to give your business plan a pleasing look for your audience, you can make use of editable business plan templates that are creative yet formal. Also, make use of templates that are editable in application software like the apple pages. You can customize the template’s cover page and such according to your particular business. And, make sure to review the planner’s contents and stuff to avoid unwanted errors the moment you print it.