When the best business plans come in stock
A few years ago, I was in the process of purchasing a company’s stock for the first time.
I was looking for a way to set up a cash flow for the next few years while I researched the company’s business plan.
The stock was $4,000.
I figured I’d use that money to invest in a startup and develop a business plan to make my investment worthwhile.
I was skeptical of the stock because it was still trading at $4 a share, which I felt was a lot of money at the time.
However, after spending $4 on the stock and spending a month or so reviewing the business plan, I’m pleased to report that it was a solid business plan that actually made sense.
It was a great strategy to use to help me build my startup, and it paid off big time later.
My business plan is now a great success.
Here are the steps that I took to create my business plan and how I did it:Step 1: Identify the goal you’re aiming forStep 2: Analyze the business process and its benefitsStep 3: Identifying the biggest riskStep 4: Analyzing the biggest rewardStep 5: Establishing your vision for the companyStep 6: Identification of your teamStep 7: Identifiers of the customers you need to reachStep 8: A sample business plan for a startupStep 9: Estimating the company cash flowStep 10: A detailed business plan summaryStep 11: A business plan checklist for startupsStep 12: Building a cash-flow pipeline for a new companyStep 13: The best business plan templatesYou’re ready to get started!