Business plan types

Types of Business Plan

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Types of Business Plan

A business plan is essential for starting a new business. An entrepreneur needs to have a business plan that will because it is important for any venture and an important step to run the business in an organized manner. Business plans are of different types and depending on the business type and its requirement, entrepreneurs can choose which plan will best suit their needs. There are:

  • Short plans or profiles
  • Presentation plans
  • Working plans
  • What if plans

Short plans or Profiles

 A short or mini plan is usually the most used plan. It is easily downloadable and quickly readable. It does not require dedicated time to be completely read and understood. Since it’s short therefore emphasis is given to cover all important points and keep the content succinct. With mobile application usage increasing day by day a short or mini plan is easily downloadable; it can be saved and read later too. A small business venture can and should consider short or mini plan showcasing the main points. This plan will also double up as a circular for employees too to understand the business perspective.

Powerpoint Presentation Plan

Powerpoint presentations have added a new dimension to making presentations.  A powerpoint presentation is definitely sophisticated but it’s not very easy to get a powerpoint presentation done in a jiffy. There are several stories narrated by experienced and novice business operators who will agree how they’ve spent sleepless nights over preparing a powerpoint presentation. Despite its difficulty level, a powerpoint presentation leaves a strong impact on those for whom it’s intended.  

Working Plan

A working plan has to be detailed. It is an important tool that is required to run the business. With a short plan an entrepreneur can afford a certain amount of informal tone with the content. However that cannot be done in case of a working plan as most often this plan will be presented to a prospective business loan provider, venture capitalist or investor. A working plan is meant to be used and not be arranged in a shelf. Therefore certain information can be decided to be left out of it depending on the entrepreneurs need to maintain privacy.

Proforma Business Plan

In a business, a contingency plan is a must. Having a contingency plan is important for every Entrepreneur and allows for planning ahead.  A contingency plan keeps the investor also less worried – knowing that in case the business performance deteriorates, there is a plan to set things right. 

Comments (12)

Javed Qureshi

Oct 13, 2015 at 6:17 PM

How to start an export import business ? What will be the minimum investment ? Is it mandatory to start in port location ? Does all manufacturer have export import licence ? Is there any scope if all manufacturer have export import licence ?

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Ansar Husain

Oct 15, 2015 at 10:53 AM

Hi Team,

As if now we have nothing but plan, please let us know if we can discuss it further.

What is it about- Providing best online deals to customer’s when it comes to saloons and spa’s from leading brands.

Platform- Android/IOS/Windows app and Website.

Initial targeted area- Delhi(NCR)

Looking forward to listen from you.

Note- Apart from planning we have not started anything yet not even website.

Regards

Reply

vikash kumar

Oct 18, 2015 at 1:25 PM

Please forward me the more information about small scale industry.setup plan and type.

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vijay kumar roy

Oct 25, 2015 at 3:55 PM

Sir please send me instructions for licence in madhubani bihar

Reply

Hoor imam

Oct 27, 2015 at 4:27 PM

I am interested your plan, but how I start a small scale industry? I have no idea in this field. But I am very crazy about entrepreneurs. Give me guidance to start a little company.

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Anitha p

Nov 01, 2015 at 11:53 AM

Hi, I have my own company.that is resident house keeping.now we doing sucesssully but I want to established my company.give some ideas

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MD OMER ARFAT

Nov 12, 2015 at 5:31 PM

I need to open a small scale industry in my area so provide me all information in detail to understand for opening

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prithivi

Nov 14, 2015 at 2:07 PM

I need the procedures for getting license for export and import of agricultural goods can u please help me out

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Dinesh kosta

Nov 14, 2015 at 9:48 PM

i am dinesh kosta all online shopping site ragistration ditail please help me

harbal product
clothing products
footwear products
cosmetic products
home appliances products

Reply

vaman pawar

Nov 19, 2015 at 11:04 AM

I am interested your plan, but how I start a small.I am very good about entrepreneurs. Give me guidance to start a little company.in property business

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Jhannavi Murthy

Nov 23, 2015 at 10:24 AM

I am interested to start business in garments and Export and import in Garments Business and I don’t know how to start and what could be the minimum investment.

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Jhannavi Murthy

Nov 23, 2015 at 11:01 AM

Hi,
I want to start business in Garments export and Import and I don’t know how to start and what should be the initial and minimum investment.

Reply

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