| Develop a calendar for the target dates for completion | | | | Day 14 Complete Competition Section |
| of thebusiness plan by segment. 30 days is a | | | | This is the first section that may be a bit of a |
| reasonable amount oftime to complete your plan. Most | | | | challenge. |
| business plans take between | | | | You?re halfway through the 30 days and you?ve |
| 40 to 120 hours to complete. Allow two weeks for | | | | completed sixsections of your business plan. |
| others toreview the plan and give you their | | | | Day 15 Begin determining the Market and make a first |
| suggestions for improvementsand then an additional | | | | attemptat financial projections. |
| week to incorporate those improvementsinto your | | | | Day 17 Complete Operations, Production and Facilities |
| business plan, and for a final read through and proofing. | | | | Section |
| You can work on more than one part of the business | | | | This section is pretty cut and dried and shouldn?t be |
| plan at thesame time. You can research say, | | | | difficultto complete. |
| competition while you writethe industry section. | | | | Day 18 Continue Market determination, start Marketing |
| Assuming you start the business plan on October 1, | | | | Strategies |
| your calendarcould look something like this: | | | | Day 20 Complete the Market Section |
| October 1 Day 1 Start Business Plan and Business Plan | | | | Another section that can be a challenge but there?s |
| Accomplishments Calendar | | | | time forrevision if necessary. |
| Day 2 Begin Industry and Economic Review Research | | | | Day 21 Begin Marketing Strategies and start refining |
| Day 4 Complete Historical Background of the | | | | revenueassumptions for financial projections. |
| Company Section | | | | Day 22 Complete the Ownership Section |
| You already know most of the information about the | | | | This is one of the easier sections of the plan. |
| historicalbackground of your own company, it should | | | | Day 23 Begin seriously working on the expense |
| be a matter ofconsolidating the information, editing it | | | | assumptions forfinancial projections |
| and then polishing. | | | | Day 24 Complete the first draft of the marketing |
| You can probably write this in just a few hours. | | | | strategiessection. |
| Day 6 Complete Industry and Economic Review | | | | Day 25 You now should have all the pieces in place to |
| Day 7 Begin Competition Analysis Research | | | | have arealistic first run at financial projections. |
| Day 9 Complete Management Section | | | | Day 26 Complete the Marketing Strategies Section |
| Most entrepreneurs know who their management | | | | Refine projections |
| team will be,or what gaps they have in their | | | | Day 27 Complete the Financial Structure Section |
| management team, so thissection is relatively easy. | | | | Refine projections |
| Day 10 Complete Business Model Section | | | | Day 28 Complete Strengths and Weaknesses, Final |
| Again, you should have this pretty well defined just | | | | proofing of allsections |
| byhaving determined that you?re going to start the | | | | Day 29 Final Financial Projections |
| company. | | | | Day 30 Write Executive Summary |
| Day 11 Begin Research to determine pricing, costs, | | | | October 31 -- Day 30 Completion of Business Plan |
| andprocesses for the product section | | | | November 15 ? Day 45 Outside Reviews of Business |
| Day 12 Complete Product/Service Segment | | | | Plan completed. |
| The product section is usually one of the easiest | | | | November 21 ? Day 52 Final Business Plan |
| forentrepreneurs. | | | | There, you?ve done it ? a business plan in 30 days. |