The 4 Types of Business Plans

In their book Write Your Business Plan, the staff of Entrepreneur Media  offer an in-depth understanding of what’s essential to any business plan, what’s appropriate for your venture, and what it takes to ensure success. In this edited excerpt, the authors describe four different types of plans you could write and what you'd use each one for. 

Business plans can be divided roughly into four distinct types. There are very short plans, or miniplans, presentation plans or decks, working plans, and what-if plans. They each require very different amounts of labor and not always with proportionately different results. That is to say, a more elaborate plan isn't guaranteed to be superior to an abbreviated one. Success depends on various factors and whether the right plan is used in the right setting. For example, a new hire may not want to read the same, elaborate version of your plan that might be important to a potential investor.

The Miniplan

The miniplan is preferred by many recipients because they can read it or download it quickly to read later on their iPhone or tablet. You include most of the same ingredients that you would in a longer plan, but you cut to the highlights while telling the same story. For a small-business venture, it’s typically all that you need. For a more complex business, you may need the longer version.

Want to Learn How to Use Google Plus for Business? Of Course You Do!

use google plus
If you are going to rate the impact of social networks on search engine ranking, you’ll find that one social channel will always come out on top. That channel is Google Plus.
Sure, Google Plus may not be as popular as Facebook or Twitter. But don’t let that fact discourage you from using Google Plus in your business. After all, you just can’t ignore a social network that was created by Google.
As a result, more and more business are trying to figure out how best to leverage Google Plus in their networking, branding a marketing. Here are a number of Small Business Trends articles you can use to learn more.

Are You Making Use of These 200+ Content Marketing Tips?

blogging and content marketing tips
We are entering our 11th year running a blog that long since has evolved into a news site and content resource.
As the founder and CEO of Small Business Trends, I am proud to report that it’s a business that supports a substantial team.  With upwards of 12,000 articles, we have tons of blogging and content marketing experience.   Articles come from some of the best and brightest in the industry.  And they all focus on small businesses.
Here are some of our best articles on the topic of blogging and content marketing.

What to Write About

The hardest part of blogging sometimes is figuring out WHAT to write about.  Luckily, our crackerjack staff writers and contributors can help you break through writer’s block.   You’ll never again say to yourself, “What do I write about next?”