For those of us not raising Angle or Venture Capital, our business plans should be directly proportional to the size of our business.
No revenue = no plan.
(ok – a small mud map that focuses on the very basic business model which will lead to revenue.)
<$1 million revenue = 1 page.
The law of diminishing returns sets in at around about 10 pages, regardless of the size of the business.
Just to make sure I am getting you right steve, the ‘tipping point’ is at 10 pages? Thanks 🙂
Another kindred spirit. Everyone is so hung up on business plans. Very often what my clients need is an evaluation of their business idea: is there a market for their service/product, is it profitable within a reaosnable time period and what level of financing does it need. If its a go then a road map and a marketing strategy are often all that is required.
Thanks man. Useful information