A strong business plan is crucial for success in any industry. In this video, entrepreneur Mike Andes explains how to write a business plan step by step, with business plan examples and tips to get you started the right way.
Mike Andes has been an entrepreneur since he was just 12 years old. He’s since earned his MBA and owns a multi-million dollar business of his own, along with running the Business Bootcamp Podcast and providing mentorship to emerging entrepreneurs. Thanks to this experience, he knows how to make a business plan that sets you up for long-term success.
Along with Mike’s advice on how to create a business plan, he’ll explain what to do with the document once you’ve written it, including how often you should check and revise it and how you can evaluate its success.
He’ll also explain each section of the business plan, why you need it, and what information should be included. If you want a business plan outline you can adapt for your own company.
Writing a business plan is an intimidating idea for many first-time entrepreneurs, but it doesn’t need to be overwhelming and confusing. Once you know what steps to follow and why, the process will make a lot more sense—and be much more valuable to you in the long run. If you’re not sure how to write a business plan, this interview with Mike Andes is a must-watch.
Here’s the complete how-to guide to writing a business plan:
Download our free business plan template here: https://www.upflip.com/business-plan-template
1:13 Meeting Mike Andes
1:43 Executive Summary
2:59 Business Opportunity: What Product or Service?
4:01 Sales and Marketing Plan
5:33 Timing: Potential Upsides and Downsides
7:37 Company Organization
11:09 Financial Projections
#businessplan #howtowriteabusinessplan #businessplanexample