Every person needs documents – to proof the personality, property rights or health. Business plan can be defined as a main document of idea, firm’s future and maybe future of its creators.
Honing & Karlsson (2004) gives the following statement, which is quite full: “Business plan is a written document that describes the current state and the presupposed future of an organization”.
Actually before the seminar discussion I was not quite sure about need of creating business plan; as well as during the discussion. Should we create business plan, if we are loosing time and money, for example, season is changing or our product is melting like an ice cream on the sun? Should Bill Gates create business plan for his new idea or just spoken speech will be enough?
I had an experience of writing business plans – one was my course project, other, real – still in the process (hope one day will finally come true). So when you start – it seems so easy, because thoughts in your head are like bees in hive – a lot and noisy. But line by line, page by page, they start suddenly disappear. And in one moment (usually at the boring one) – there is not a single thought about what to do next (with finances, or stuff, or another parts)… so – if you had not started writing, you would never thought about this difficulties before it happened. We should remember, that business plan help to foresee the main challenges of the idea developing stages.
It is important not only for getting the external recourses of financing, but for self-control also - clear vision of future project (as well as future of the project). But most of all I don't like the idea that it is impossible to plan everything - thing changes in this world, slow or quick. Should we at this case start planning?
Anyway, maybe it is better to come back to the paper work instead of intangible dreaming:)
I really like your post however my believe is that there is almost always a reason to write a business plan. So if your ice cream is melting, then you started to late... If you want to sell ice cream in the summer, start with a business plan now so you can figure out what to charge and what obsticles to anticipate.
ОтветитьУдалитьBut it is true as you say, all my thoughts just disappear from your head, and its hard to write something so complex on a paper. But are there any other way to formulate a business plan other than the standard essay form? Like mindmap? Or a model, drawing? Would it be appropiate form?
I feel as well the need to structure my venture on paper as a novice, which i think is a good idea! Some people thrive in chaos all the time, I do sometimes, but only when it comes to things i am very used to. About not being able to plan everything; sometimes you just have to accept that some things are uncertain, and grow to love it. Just like surprises in life, good or bad, in the end they bring experience and change to us, and that builds character.
ОтветитьУдалитьHi! It was really interesting to read you blog.
ОтветитьУдалитьOf course everything changes as the time goes by, but as we have learned in our EG course is that in order to grow and evolve some sort of planning is required. To write a business plan could aslo be a tool for the Entrepreneur to really get to know the business, do you agree?
/ Malin