A one page business plan is a document that in a short form format identifies what the business is about and how it will succeed. In today’s business environment, the need for concise and direct information is of utmost essence for an SMB/SME to succeed.
Many times brevity is the best way forward while presentation with 50 power point slides is most often a turn off for many investors.
As Winston Churchill once said, “If I can speak for four hours I can start now; if I only have 15 minutes I need three months to prepare.”
As to making a one page business plan, the first stage is to create an actual business plan outline; it need not be perfect or completed though it does need to have enough information to cover the various aspects of the business such as:
- Describe The Business Model
- Who is the business team
- What are the ownership and the legal formations of the business
- Why is the business going to succeed – Additional analysis for proof of concept
- Sources of Revenue and the operational costs of providing the products/services
- Marketing Plan Overview
- Operational Plan overview
- Capital investments needed and how funding will be achieved
Using this information, the One Page Business Plan can be created by including the following:
- Business Model
- Business team – Brief formation of the business
- Success Factors – Reasons for
- Sources of Revenue
- Marketing Plan – Brief
- Operational Plan – Brief
At Cogent Analytics, we never stop looking for ways to improve your business and neither should you. So, check out some of our other posts for helpful business information:
