Business plans

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. 

4 thoughts on “Business plans

  1. 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.

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