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Free career education resources       Learning to do a business plan
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         Some business plan tips

Some Business Plan Tips

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Some business plan tips

In order to make a proper business plan you should:

Use a typewritten 8 1/2" x 11" format. Use a loose-leaf binder to package the plan and to facilitate any revisions.

Begin with a cover sheet that includes the name, location, and telephone number of the business, and the name of the person who wrote the business plan.

Keep it short and crisp without compromising the description of the venture.

Keep it simple.

Organize it appropriately with a table of contents, logically arranged sections, and appendices.

Identify a target market and demonstrate evidence of marketability.

Demonstrate the benefits of your product or service to the user or customer.

Orient the plan toward the future. Attempt to develop forecasts of developing trends and use these forecasts to help you describe what you intend to do - not only what has been done - over the next three to five years.

Do not be too optimistic in estimating sales potential. Develop scenarios that will describe the best case, worst case, and most likely case. Base sales estimates on market analysis, not on production facilities. You can then develop production needs from that information rather than vice versa.

Highlight current and potential problems and demonstrate how they will be overcome. By identifying problems ahead of time, you will also enhance your credibility with investors and lenders.

Demonstrate that you have an effective management team; that not only does it have necessary business skills to manage the venture, but also that it can work effectively as a team.


Comprehensive career education glossary. Definitions of career education and career builder terms.

Adult basic education.    Adult general education    Adult secondary education.    Adult student.     Apprenticeship.    Aptitudes.   

Assessment.    Attributes.     Career.     Career branding.     Career Carnival.    Career change.    Career cluster.    Career coach.   

Career counseling.    Career exploration.    Career development.    Career fair.    Career guidance.    Career-Interest Inventory.    

Career mentoring.    Career objective.    Career paths.    Career planning.    Career program certificate.    Career resources.   

Career Trek.    Competencies (proficiencies).    Competency-based education.     Community Education.   

Continuing Workforce Education.    Co-operative career education    Cover letter.    Curriculum-Integrated program.   

CV. Curriculum Vitae.    Degree Vocational Education Program.    Demand occupation.    Distance education.    Doctorate.   

Dislocated worker.    Employability.    Entrepreneurial skills.    Formation.    Foundation skills.    Freelance career.    Head hunter.   

Home-based careers.    Human capital.    Human performance technology.    Human resources.    Immersion courses.    Internship.   

Job satisfaction.    Job shadowing.    Life coaching.    Lifelong learning.    Mentor.    Mentoring.    Moonlighting.    Motivation letter.   

Non-traditional careers.    Portfolio.    Postsecondary.    Prerequisite.    Real Game.    Resume.    Sabbatical year.   

School-to-career program.    Self-employment.    Self-instruction.    Skills.    Undergraduate.    Work-based learning.   

Work exploration.    Work readiness.    Work study.    Workforce development education.    Youth apprenticeship.

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