A guide to writing a successful business plan―in just one hour A strong business plan greatly increases a business chance of success, especially in an economic environment in which more than 50 percent of businesses fail within three years. Your business plan can serve as a foundation for your successful business. The One-Hour Business Plan , written by seasoned entrepreneur and business instructor John McAdam, helps you lay that foundation. With the help of this book, aspiring entrepreneurs can write a viable business plan in just one hour. The One-Hour Business Plan outlines a process and a framework for creating a business plan that sets you up for success. Give your business the best odds for success, in just one hour of your time.
For someone who is planning to start a business, a lot of doubts would be there. They would be unaware of where and how to start. The book " The One Hour Business Plan"by JOHN McADAM lays out a complete idea about how to write a business plan in one hour.
The level of research invested in the book was palpable throughout.Author has done considerable field study for the book. Author starts off with the five corner stones of business plans. What are you offering, Who are you offering, who are your competitors, What's next, How Much Money will you make. The whole book develops from these five points.
It is surprising how author helps the readers put their thoughts to place so as to enable them accomplish their business goal. The book qualifies to be a text book for the Management students.
The book, if approached with the right attitude will surely help you with any doubts in proceeding with your business.
When Starting Out Many Entrepreneurs Skip Entirely Through The Business Planning Step Because Of Its Mundane Nature And The Need To Zeroing On The Specifics. This book, On The Other Hand, Makes Business Planning On Point & Interesting.
The Contents Of The Book Might Not Help You In Developing A Full Fledged A-Z Business Plan But Would Help You In Making Your Initial Drafts. Which Ofcourse Makes More Sense For The New Startups And Innovators Where Things Keep Evolving On Weekly/Quarterly Basis.
Startups & Innovators In My Opinion Should Focus On Their Iterative Process More Than 200 Pages Of Detailed Business Plan - It Would Never Work. Simple Is The Name Of The Game. Jot Down A Couple Of Important Details (Get Started) Like: Your Value Proposition, Your Target Market, About Your Competition, Action Plans, Your Financials.
This Book Will Give You That. Good Luck, Happy Money Making.
ps this book assisted me in developing my first business plan foundation.
I teach and consult on business plans so I'm always interested in reading and hearing alternative points of view, of which there are a myriad. This book cuts through a lot of the jargon and extraneous and delivers a workable and concise written business plan and the thought processes necessary to do so, but has to forego the details of how to prepare a financial projection that is one of the critical prerequisites. The Author admits that the one-hour thing is a hook and you can't really do this an hour, at least not with any level of research and supporting work.
I've tried implementing 'business plans' in the past with epic failures. I finally buckled to the advice of writing one, but without so much as a single business class in college, silly polysci degree, and myopic training in my career field I really didn't know where to start. SBA's resources leave a lot of questions unanswered, their website is the equivalent of handing a pen and paper to someone who wants to make a living as an author, your gonna need those tools along the way, but it doesn't help you establish a cohesive plot! McAdams book is written in a way that allowed me to get past my disarray by organizing the basic parts of a business plan into simple and coherent steps. It's a first step that will allow me to build off of the momentum with at least a little more confidence, especially when discussing my plan with people who take the basic business concepts outlined in the book as second nature. If you have a good idea for a business, but are not sure how to get it to take off, or are unsure if it'll even get off the ground, this book is a good place to start.
I'd recommend this to anyone looking to get into a new business. It's an easy way to break the ice for delving into something as complex as a business plan, and verbalize concepts that are sometimes nebulous.