4 Killer Business Planning Problems – And How to Neutralise Them

Business planning is one of the most critical steps to online or offline business success. It is so much easier to work from a blueprint, when running a business, than it is to work without direction. When you work without any guidance or sense of direction, you get blown with the wind. You get lost in a sea of problems.

When you have a good business plan you can follow it to achieve your life’s dreams. You can modify it as you work from it so that your plan remains relevant at all times. A business plan is the route map to your wildest financial aspirations. All the more reason why you should pay attention to its preparation.

A business plan is a strategic document that manifests the principle of thinking before acting. As a strategic document it details the long term plan to be followed, covering a period of 3-5 years. A business plan is also a tactical document in that it is best constructed at a detailed level that makes the forecasts reasonably accurate over the first year.

» Read more: 4 Killer Business Planning Problems – And How to Neutralise Them

A Business Plan For Cafe Businesses – Writing Tips

Creating your cafe’s business plan is a project in and of itself, so make sure you understand what goes into it. These are tips for writing a successful plan for your cafe.

Outline First

Before starting to write any section in full, take a quick sweep through the outline of the entire plan. Jot down everything you know about each section within and highlight where sections pose questions for which you don’t know the answers yet (such as “Who are my competitors?”). You will finish this quick process with a much better grasp of what you know, what you don’t know, how much time will probably be required to find the answers you need, and where you should probably begin.

» Read more: A Business Plan For Cafe Businesses – Writing Tips

Say No to Business Plans Rather Than Being Ignorant

Business planning is all about running a business better and it is not the set-in-stone standard format coil bound quasi-PhD treatise. It does not have a standard outline and any defined format.

The better the plan, the better be the market analysis, good focus, good cash flow, and it has concrete dates, deadlines, budgets, and assigned responsibilities.

There could be many reasons when your business plan is being ignored:

» Read more: Say No to Business Plans Rather Than Being Ignorant