Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

3 Tips on Start-up Business Planning

By Marcus Tarrant Subscribe to RSS | July 11th 2012 | Views:
loading
 
  



Creating a great start-up business plan is about much more than just the document. In fact most of the value that can be obtained by creating a plan is in the planning process itself. Starting with a template gives you some guidance on the end document structure, but does not assist you at all in creating a great plan.Anyone experienced in the art of business planning will use a structured and proven methodology. Such methodologies are seldom available to business founders directly, so the revert to using a template. This unfortunately is a false economy and really doesn't help at all in the planning process.For those founders with experience in business process and methodology design, they should start be developing a structured planning methodology, rather than worrying too much about the final document layout.If you are able to, put your template to the side and focus on developing a clear start-up methodology. Unfortunately much if this information is proprietary and hence you won't find much information online to assist.

Tip 2 - Ensure you employ a proven planning methodology

Your start-up business plan is not all about the document itself. The most important element of the planning process is aligning strategy with action and developing this in conjunction with all your team members. Proven planning methodologies are difficult to find and often considered proprietary information by the major consulting firms. When the author of this article was at Deloitte Consulting, we used methodologies that cost many millions of dollars and thousands of hours of experience to create. One of the best ways to access a proven planning methodology is by using a tool known as HyperQuestions. HyperQuestions are an innovative technique that drives your thinking via the use of an embedded methodology using very specific questions tailored to your business situation.   Whilst you could search for "start-up business planning methodology in Google", unfortunately there is very little information that will help. Probably the best place to start on-line would be to Google HyperQuestions.

Tip 3 -   Find out what planning methodologies will actual deliver results for the complexity associated with start-up businesses

Unlike creating a business plan for an existing business, start-up business plans usually have a much higher degree of difficulty. This is due to the fact that many of key business model elements are not already structured. Whilst some think that this means a business plan is not required, it actually makes the planning more critical. A great plan can assist to guide you in the allocation of very scare resources.Most business planning tools and methodologies do not handle this additional complexity. The leading strategic planning and business planning solutions do not take account of the fact that many of the planning foundations have not been established. Business Planning HQ Try to find a technique and methodology that has been developed specifically for Start-up businesses. Whilst tools such as the Osteralder Business Model generation may provide some assistance, they are considered to be too high level for creating an actionable allocation of resources.

Marcus Tarrant - About Author:
For more information start-up business planning please visit http://www.businessplanninghq.com/

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/3-tips-on-start-up-business-planning.htm

Related Business Articles Subscribe to RSS

Lumber is the most important building material
Published by Blossom Dana on December 24th 2011 | Business
A hardwood is a must for any wood working shop. Whenever you make a solid wood product, you want a g...
 
How to choose best clothes for new born baby
Published by Mumsloungewear on January 11th 2012 | Business
Buy and sell kids clothing including new born baby clothes at discounted prices....
 
The Great CompTIA Network Certification the pc technology
Published by Zhuimeng on January 17th 2012 | Business
N10-004 is a certification that lends a new shape to the career of an individual. Using the skills a...
 
How You Can Find Your Perfect Indianapolis Auto Dealer
Published by Erwin Calverley on February 22nd 2012 | Business
But how will you know if you're talking with the right person about your planned car purchase?...
 
Reasons for the Success of Promotional Pens and USB Drives
Published by Acronis on June 28th 2012 | Business
Though the promotional products industry sees changes in trends every year, but some products like p...
 
Writing and Earning – Internet Business Ideas
Published by Ned Rusty on April 2nd 2012 | Business
We provide cutting edge digital, online business ideas and lifestyle design tips so you can live the...
 
Benefits of hiring an experience lawyer
Published by Adam Hadden on April 6th 2012 | Business
Everyone has to make perfect decision on selecting a lawyer for their problems. You have to choose t...
 
What Size Dumpster Rental is Right for You?
Published by Aarav on March 18th 2012 | Business
The rental of dumpsters is something that most business owners need to consider at one point or anot...
 
Obtaining in Contact along with Profitable Scrap Metal Dealers
Published by Leila on June 11th 2012 | Business
Companies call for variety of metals so as to meet their demands. For example, Zinc is applied for p...
 
Cost-effective Renting in Apartments in Champaign
Published by Darrell Fore on August 8th 2012 | Business
The rentals in the apartments in Champaign are very affordable and sensible. Several them are access...
 
Street Clothing- an Overview
Published by on March 13th 2012 | Business
Any pattern of cloth can be worn; they can be mixed, matched and teamed with appropriate accessories...
 
Manufacturers of a Wonder
Published by Gorge Roger on May 16th 2012 | Business
Copper clad aluminum manufacturer produce wires called CCA or CCAW, are wires that are made with the...
 
Caring for your precious electronics when moving home
Published by Simon Dcruz on March 7th 2012 | Business
Quality moving services in Qatar, advice people to retain the packaging rather than throwing it away...
 
Number one selling Yasaka Mark V rubber sheet for 2011
Published by Table Tennis on January 24th 2012 | Business
A top quality tournament racket, Mark V rubber on a Swedish competition blade. A renowned classic in...
 
Vascular plants and leaves
Published by Seolncr on May 3rd 2012 | Business
A corm is a swollen underground stem, swollen base and vertical growth that contains knots and lumps...
 
Basketball: Maintaining a feeling of Brotherhood and Improving Health and Fitness
Published by Walter Tully on March 16th 2012 | Business
Basketball is known as a ultimate sport that promotes brotherhood among its players....
 
Certified Pre-Owned Car 101: Knowing the Basics
Published by Ellsworth Mciltrot on May 14th 2012 | Business
Are you planning to buy your very first car even if it’s a used one? If you are, then you must fee...
 
Women Innerwear Market in India Outlook 2015
Published by Bharatbook on June 5th 2012 | Business
Bharatbook added a new report on " Women Innerwear Market in India Outlook 2015" which gives an over...
 
2012 U.S. Food & Health Supplement Stores Industry
Published by Bharatbook on April 16th 2012 | Business
Bharatbook added a new report on "2012 U.S. Food & Health Supplement Stores Industry" which gives an...
 
Know the Safety Process of Sheet Metal Fabrication by Metal Fabricators
Published by Johnsmith on April 17th 2012 | Business
The best sheet metal fabricators operate in a variety of industries that include Industrial machiner...
 
Peru Amazon Tours in Tambo Blanquillo and Regions to Experience Near By
Published by Tracy Narvaez on August 25th 2012 | Business
On the way to the lodge from Cusco there is a cloud forest, various rainforest habitats and a small ...
 
Gardening and Outdoor Living Retailing in Emerging Markets: Market Guide to 2016
Published by Bharatbook on August 25th 2012 | Business
Bharatbook.com introduces a report Gardening and Outdoor Living Retailing in Emerging Markets: Mar...
 
Time to get the latest university news
Published by Gene Crayton on August 25th 2012 | Business
Education is a never-ending process. Each day you get to learn something new which may or may not be...
 
Voice over Agencies- Helping Hand for All Your Voice over Requirements
Published by Julia Roger on August 25th 2012 | Business
It is important that you choose a voice over agency that is reputed and is in the business for a con...
 
Use Outlook for Conference Room Scheduling
Published by Julia Roger on August 25th 2012 | Business
It is best to use different color codes for meetings in different conference rooms that will help in...
 
Use Outlook for Conference Room Scheduling
Published by Julia Roger on August 25th 2012 | Business
It is best to use different color codes for meetings in different conference rooms that will help in...