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
