Business Planning, Business Coaching

business planningIf you’re a solo professional like I am, you know how tough it is to find any time at all to do any business planning. Even the simplest plan needs to include financial reports such as charts for profit-and-loss, balance sheets, and month-by-month and yearly projections. I started Horizon Advisor as I got more and more requests from friends in my network who were starting all kinds of businesses, from coaching to artistic ventures and photography, says Svetlana.business planning

It should include a mission statement, which explains the main focus of your business, as well as a brief description of the products or services offered, basic information such as ownership structure, and a summary of your plans. A sales forecast is typically broken down into several rows, with a row for each core product or service that you are offering.

Try the #1 business planning software risk-free for 60 days. The plans start with the Free tier, which is limited to a single business plan with simple text, no images, and does not offer any advanced features. Finally, your company overview should include both short- and long-term goals.

Having a clear plan for how to reduce or overcome these is something that will set your business plan apart and give our loan assessment team confidence that you’re ready for the challenge. Again, it’s a summary, so highlight the key points you’ve uncovered while writing your plan.

And you don’t have to start with the full, detailed business plan that I’m going to describe here. Bottom Line: Less a business plan creator than a financial reporting tool, PlanGuru nevertheless does a creditable job for those seeking to build a worthwhile business plan document.