plan” must absolutely fit on one page in a font that most people can still read.A Lean Plan can be slightly longer but still uses summaries and bullet points, while traditional executive summary can extend to two or three pages—and it will usually use full sentences rather than bullets.A well thought out and researched business plan is the cornerstone to starting and running a business.
plan” must absolutely fit on one page in a font that most people can still read.A Lean Plan can be slightly longer but still uses summaries and bullet points, while traditional executive summary can extend to two or three pages—and it will usually use full sentences rather than bullets.A well thought out and researched business plan is the cornerstone to starting and running a business.
Individuals working with their local SBDC, may receive a discount code for business plan software from participating SBDCs.
For a new business, a business plan helps improve your chance of securing financing and investment.
The goal is to keep each section as short as possible.
The ideal Lean Plan will fit on a single page so you’ll end up with a one-page business plan. You can put together your Lean Plan on your own with a simple Word doc. It’s in Word format so you can get started right away and put together a one-page Lean Business Plan that will get you on your way to a better business strategy, without all the time and hassle of a long detailed business plan.
Your Lean Plan is a great place to document those changes and will help you track your progress toward your goals.
When you update your plan, you’re setting new goals to strive for.
And, thankfully, it’s so much easier and faster than traditional business planning.
If you want a more in-depth introduction to Lean Planning, check out my article Noah is currently the COO at Palo Alto Software, makers of Outpost and the online business plan app Live Plan, and content curator and creator of the Emergent Newsletter.
You skip all the long-form writing and instead focus on short, simple descriptions of strategy and tactics.
So, it’s rational to think that startups don’t need business plans anymore.
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