Welcome to this episode about writing a business plan, and answering the question, “do I need to be writing a plan at all? And if I do, what is the easiest way to do it without giving myself a nervous breakdown”

You might want to stop the recording now and go and get yourself a pen and paper because I have 2 quite different options for you

and you will no doubt want to take notes about how to organise the process so you can work with it for your particular business, whichever one you choose that suits you best.

And that is If you feel the need to be writing a business plan at all because I am not always sure you need to stress yourself with one at this very early stage. Especially if you are thinking of starting a micro business with just you, your smartphone a laptop, and the cat for company.

Option 1 is the new game in town, or new to me anyway…!

And it is called the Business Plan Canvas.

The business plan canvas has been invented in recent years by a Swiss entrepreneur called Alex Osterwalder who built a company called Strategyzer

He boldly states his company

"Offers practical tools to better help you understand customers, design better value propositions and find the right business model."

Quote/Unquote

And his highly popular Twitter account states he is a man who won't rest until

“Executives & entrepreneurs operate like surgeons”

Quote/unquote

Quite a statement don’t you think?

But I see his point.

So

Rather than having a heart attack over summaries, detailed forecasting, and projections, because to be honest who needs that unless you are starting a company the size of Facebook, essentially the process is this and you can apply it to any business idea you have…

Read more on my website