How to Write a Business Plan (You’ll Actually Use)

A strong business plan is crucial for success in any industry. In this video, entrepreneur Mike Andes explains how to write a business plan step by step, with business plan examples and tips to get you started the right way.

Mike Andes has been an entrepreneur since he was just 12 years old. He’s since earned his MBA and owns a multi-million dollar business of his own, along with running the Business Bootcamp Podcast and providing mentorship to emerging entrepreneurs. Thanks to this experience, he knows how to make a business plan that sets you up for long-term success.

Along with Mike’s advice on how to create a business plan, he’ll explain what to do with the document once you’ve written it, including how often you should check and revise it and how you can evaluate its success.

He’ll also explain each section of the business plan, why you need it, and what information should be included. If you want a business plan outline you can adapt for your own company.

Writing a business plan is an intimidating idea for many first-time entrepreneurs, but it doesn’t need to be overwhelming and confusing. Once you know what steps to follow and why, the process will make a lot more sense—and be much more valuable to you in the long run. If you’re not sure how to write a business plan, this interview with Mike Andes is a must-watch.

Resource:

Timestamps:
0:00 Intro
1:13 Meeting Mike Andes
1:43 Executive Summary
2:59 Business Opportunity: What Product or Service?
4:01 Sales and Marketing Plan
5:33 Timing: Potential Upsides and Downsides
7:37 Company Organization
9:36 Blitz
11:09 Financial Projections
13:57 Funding
17:07 Outro

#businessplan #howtowriteabusinessplan #businessplanexample

[ThatsSoooHood]

Awesome video as usual! Great job UpFlip. Learned a lot so keep them coming!

[medicalracer]

thank you this helped me a lot. I plan to start a landscaping business and this video helps me think things more through before I take the leap.

[JamesPossible]

Simple and effective presentation. So much value. Thank you.

[Brighter-Shores]

Awesome thank you. Getting ready to leave the Oil Refineries to work for myself these have been so helpful.

[SamRoxxJDM]

This is one of the best channels on the platform. Thank you for the content

[leonfarrugia]

Thank you for your generosity to help people in my country I don't know anyone that shares their knowledge to help their fellow man succeed If been in gardening business for over 10 years and really want to grow it thanks for the help of these videos God Bless.

[raf]

Really great content on this one!
Anyone can be inspired to make a business, but it takes a good grasp of this concept to cross-reference that desire to his/her actual resources and to see it all with an objective eye!

[BusinessBasics]

Awesome work here. The sales / marketing plan is essential to growth, especially for an unknown new business. Essential to identify your target market and get your product to the right people. Thanks for sharing!

[ginamallano]

Great video! Thank you so much. You guys have the BEST content.

[kalepehrson]

Mike is helping me out so much right now. Amazing video keep it up

[olivernjoku]

Many thanks to Upflip Team for sharing these amazing stories and information... What you are doing is fantastic! 👍
Mike has an i ncredible positive energy ☀️

[robertweekley]

Maybe - something he touched upon, should be expanded upon:
*Section 8 - Contingency Plans - For when things Go Wrong!*
- Covering How to Deal with Business Survival, When the *&*(%# Hits the Fan! -

[Covid, Sanctions, Fuel Costs, Loan & Finance Costs, Changing Market Dynamics, etc.]

[lnyboi]

Damn UpFlip your content is awesome! I love watching these videos and it has sparked my entrepreneurial mindset!

[ethiocinemas]

Thanks this is a grate help for my startup business i am not in America but i hope to be on this show one day.
Thanks again.

[wa]

Great guys thanks for great information and advice

[leifashley]

Good stuff, but totally going to pick on Mike a moment. I haven't seen an iMac with a CD drive in at least a decade :)

[inventyoullc]

Great point on funding the business. Businesses fail because founders overlook this metric

[SUERCHARGED]

Crazy how I was thinking how to do this and here it is without me searching for it😹😹😹

[annoythedonkey]

What if my company is in a industry where I’m not allowed to go to a normal bank, I started a secure transport and delivery platform for cannabis I’m disabled so my cash it limited I’ve got most of the permits I need. I need to find funding for the last permits and my delivery rig set up

[liveraid]

Any tips on contacting business owners the business I’m working on is mainly focused on helping other businesses but I’m not quite sure how to get in touch with bigger corporate businesses to pitch them the services and solutions I can provide.