A Sample Business Plan Can Give A Good Idea About Writing Business Plans

A business plan is a written statement that describes the idea behind the business, the need for it in the marketplace, its services and/or products, the goals associated with it, and how these goals will be achieved. It also contains an organization's mission which describes its goals, values, and its very reason for existence. It also mentions the industry in which the business will be operating and factors that are likely to impact the industry as a whole. Going through a list of business plan samples will give you a fair idea about how a business plan is written and what should be included and paid attention to, in order to write a comprehensive document that will convince the investors to inject liquidity into your business.

For example, a business plan for a babysitting agency should include the following:

Service Differentiation

For parents, their kids are their most prized possession. As such, it becomes a highly sensitive business where everything must be taken into account and given due consideration. Convincing parents to trust you with the well being of their kid is a tough job. Measures that you will take to gain the confidence of the parents are the single most important factor that your proposal should document in detail. Your mission statement should describe your ethos, values, vision, passion, and love for your business.

Recruitment and Selection Strategy

Your professionalism and trustworthiness will be the distinguishing factor that will set you apart from your competitors. Remember that children are not inanimate objects. Handling a toddler or a kid with their varied mood swings can be a tough and exasperating job that can severely test a person's patience. Be careful to hire professionals who have love, flair, and natural passion for handling such jobs. They should be adequately trained to handle their job with compassion, patience, and an enhanced sense of responsibility.

Other Factors

Your proposal should also pay adequate attention to your marketing and sales plan, financial plans with accurate projection of both cost and revenues, break-even period, and return on investment. It should also talk about the challenges that your business is most likely to face and the steps you intend to take to overcome them.

Always bear in mind that a business plan sample should not be seen as an end in itself. Samples are at best a reference tool for you. Internet is filled with countless number of business plan samples. Going through them will give you a fair idea about how a business plan is written. Bear in mind that situations and events governing a business are unlikely to be same for any two businesses, even if they operate in the same industry. Your target market and product or service along with staffing, pricing, and expansion policy may be significantly different from your competitors. Business samples may show you the way, but they by no means will take you to your desired location. You have to be original and creative in your approach. You can get help with business plan writing from reputed agencies in the field to come up with a well-researched and efficient document.