How to Create a Plan in Google Docs

When done right, a business plan has many advantages and can help with the progress of a corporation. A business plan, after all, is the most reliable method of giving information as it is objective and focuses more on facts and statistics instead of opinions. Hence, not only does it improve a company's reputation if they have well-constructed business plans, but it also helps in analyzing company problems, and in the decision making of the company. So, how do you write a good business plan? Here are a few tips.

1. Define the Aim of Your Plan

Make it clear what your goal is. If you want your plan to be interesting to your audience, be straight to the point and don't use fancy words. Being clear and concise also gives an impression of professionalism (which is what you want your plan to be right?). Whatever the purpose, be it for tracking financial expenditures, solving a problem, or simply an annual update, make sure that this is the first thing your plan presents and all else will follow.

2. Do Your Research

There's a reason why preparation comes before the presentation; what good is a business plan outline, with plenty of "facts" and "statistics" if none of them are even true? The best way to make sure your research is credible is 1.) Cross-reference from reliable sources, and/or 2.) Survey the topic and tally up the results. You can encode them on Google Docs as it saves data every 3-4 hours and allows you to edit your work as you are encoding when you make a mistake or have an idea you want to insert.

3. Actually Have a Plan

This may sound redundant, but hear us out; goals are not, we repeat, NOT strategies, it's just that - a goal. We're not saying that having an ambition for your plan is wrong but it should be practical. Based on an article on Harvard Business Review, just having a list of objectives and goals doesn't mean you have a strategy. All you need to do to find out whether you have a plan or not is ask this simple question: "Do we have practical ways of achieving our goals?"

4. Stick to the Facts

Be objective. Stick to the truth, the hard facts, and the numbers. If, for example, it's a plan on cutting down financial costs don't alter the numbers on expenditures. Don't fill your business proposal with incorrect information and tainted results. In the same way, try not to add your own opinions as this will make your work more subjective and less credible. As much as possible, provide only hard facts, real numbers, and write in a passive voice to sound more professional.

5. Analyze

It's always good to proofread your work. This gives you a chance to correct grammatical errors, rearrange items in better order, or add in new items before you save it on your Google Docs. Don't worry though as this format allows you to change your work even after you closed it if you saved it.

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