Tips For Writing an Effective Business Plan
- Be Honest, not only by avoiding lies, but also by revealing what you actually feel about the aspects of the plan.
- Use third person, not the first person ("I" or "we"). This forces you to think clearly from the other person's perspective
- Use transitional words, such as but, still, and therefore, and active, dynamic verbs as a means of leading the reader from one thought to another.
- Use short, simple words, so the plan will be easy to understand and follow
- Use visuals, such as tables, charts, photos, and computer graphics to present your ideas effectively.
Remember, that your plan should be reviewed by people outside your firm, such as business consultants, attorneys and other business people, before it is sent to potential investors or lenders (Byrd & Megginson, 2009).
Very informative post, I was unaware on how to write an effective business plan and this post covered many important rules to use when writing one.
ReplyDeleteThis post also relates to our journalist blog in many aspects because journalists use many of the rules you mentioned such as honesty.
This is an effective post. These are posts that people can use not only in college but also in the real world. I enjoyed reading this post because it not only told how important communication is but also gave tips as to how to properly communicate.
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