Conventional wisdom would have us believe that a business plan needs to consist of 30 pages complete with bar graphs and pivot tables.
Therefore many entrepreneurs, eager to get started and afraid of spending too much time immersed in hypotheticals, give their ideas the once over and say, “I think I’ve got this.” It’s tempting to dive right in with your topic and ideal customer avatar, assuring yourself that you’ll see what happens.
However, when the word “revenue” enters the picture perhaps you scratch your head in confusion or conclude that if you hustle hard enough on the front end, the money will follow.
While you might stumble into cash if you simply serve hard, devising a strategy for making money is made infinitely easier with the implementation of a framework.
For example, artistic pieces may sell best on Etsy, while the e-commerce guru might use Amazon to find buyers.
As you create your business plan, let your target audience be your guide in determining the best marketplace for your goods.
Look for the download box at the end of this article.
At the end of the day your business is built upon your very best guess.
This one page game plan summarizes your high level strategy in one page, so naturally there are a lot of questions to answer. How will you turn that value into something people will actually pay for? Fizzle’s Business Sketch Template serves as a guide through these aspects and beyond, breaking all the essential elements into straightforward questions.
These questions can be grouped into a few critical components: The problem – Who will you serve? Bridging problem & solution – How will you explain your business in a compelling, concise way? Business reality – What will this business require? These are the building blocks of your business fitting together on just one page.