Ten steps to a successful business plan

To create a good business plan, a certain number of criteria should be met. Here is an example in ten key steps.

• Ascertain why you are drawing up a business plan (fresh start, business purchase, etc.)
• Form a project group
• Establish the approach to be adopted (who does what, when, etc.)
• Gather together basic information using the checklist “What you need for a comprehensive business plan”
• Find any missing documents
• Develop strategies and measures for the various sectors of the business
• Draw up a first draft of the business plan (see “Templates”)
• Check the plausibility of data and estimates
• Rework the business plan in terms of graphics and wording
• Have the project group adopt the plan