Thursday, May 31, 2012

hillmanb2.com Business Plan or Strategy ? A Road Map

I know, not the most exciting task, but vital all the same.? The good news is that since you are developing a new nonprofit, it is highly unlikely that your business plan will land on the desk of a bank loan officer.? This does not take away from the serious nature of the plan and the importance of effective writing; it simply means that you will not have to undergo a forensic level of accounting and projections in order to devise a workable and realistic plan.? The document may indeed be a detailed, comprehensive business plan or a broad stroke business strategy ? either way ? the document is a living one, and quite necessary as a road map to review and reflect upon as you navigate the various challenges and unanticipated encounters during the nonprofit development process.

Avoid tipping round the requirement.? Commit to developing and completing a business plan or business strategy that is relevant and well thought out.? A thirty day window writing period should be sufficient.? In the course of developing the plan you will notice that questions and considerations start to surface that were not considered during the conceptualization process.? This experience allows for a more crystallized perspective and increases your ability to forecast obstacles and opportunities.? Remember, the cost of making an error while writing a business plan is no greater than the price of an eraser.? Not realizing certain fault areas until after funding and execution may lead to catastrophic consequences ? so write the plan.? If you are challenged by the conceptualization and writing process, seek help. If you do not have a resource or affiliate that you deem suitable, Hillman B2 provides a Creative Writing service for such tasks.

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