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Rod Francis of Advantage Venture Systems Inc., invites you to reprint this article in your print publication, ezine, or on your website. This is a Free-Reprint article. The only requirements for publishing this article are:

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    Thank you for adhering to these four very simple rules.
    Becoming Wise - Wild & Free - Writing A Successful Business Plan - Part 2 - Do It In Steps
    Copyright 2004, Rod Francis

    So you've decided to write your own business plan because you 
    know the value that the experience will give you.  With the 
    books and software that are out there today you can probably sit 
    down and complete the plan in a day or so, right?  Plug in the 
    numbers, add the notes, write the whole narrative (story), print 
    it and get it out to the banks or investors.
    
    If you can complete a plan in a day or so you are either an 
    expert, that has already done all of the research, or you are 
    heading for big trouble, because you have not done enough 
    research.  If you are like most people you have a job, a family 
    and commitments that take up a lot of time.  It would be 
    impossible to write a business plan that quickly, even if you 
    know your stuff.  You have probably heard the old adage, "Rome 
    wasn't built in a day" well, neither was a good business plan. 
    To create a top quality business plan you need to research each 
    and every aspect as diligently as possible.  Take your time and 
    think of everything, don't leave anything to chance.  
    
    That sounds like a lot of work and a long drawn out process.  
    How will you remember or even think of everything? How can you 
    keep track of what you have to research? If you have to set your 
    plan aside for a while, how will you remember where you left 
    off? You may get tired, bored and even careless in your efforts 
    because like most people you probably have Attention Deficit 
    Disorder when it comes to doing this type of work.  
    
    The answer is to do your plan in steps.  A good guide book or 
    business plan software will ask you to complete work as you go, 
    one step at a time.  You read a section, do some research on 
    the items(s) in the section and enter the information that you 
    discovered.  This way you are focused on each item as you go and 
    never become overwhelmed.  You will also be able to remember 
    where you were when you have to set the plan aside for a few 
    days, without having to re-read a novel.  The process may still 
    seem long but if you concentrate on doing your plan in steps it 
    will be done before you know it.
    
    This series of articles has been written in steps because most 
    people don't have the time to sit down and read a novel. You can 
    even do your financial projections in steps, which is where I 
    recommend that you start.  Doing the projections will help you 
    analyse the feasibility of your project before you spend a ton 
    of time writing a complete plan that may or may not work for 
    you.
    
    Look for the next article on Writing A Successful Business Plan 
    - Part 3 - "The Feasibility" of the Becoming Wise - Wild & Free 
    series. 
    

    Written by Rod Francis - President of Advantage Venture Systems Inc. creators of the Venture Planning System(tm) Pro business plan software @ www.VPSpro.com Suite 207, #1-1081 Central Ave. N., Swift Current, SK Canada S9H 4Z1 Check for more articles on writing a business plan at: http://www.vpspro.com/business_plan_articles.html




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