I have often seen people struggling with their business plan. I have a bit unconventional take on the subject. May be, because it has worked well for me till now. So here is what I sugget:
A business plan does help. However a business plan should be proportionate with the size of investment you are making or seeking.
So, if you are starting small and testing the waters, I will suggest you to have a â€œpaper napkin business planâ€. A plan which reminds you of â€“
I feel that this can be a mini-strategy document which will help you and these three things must be â€œthought uponâ€ before venturing into anything.
You shall also put down in that paper â€“
Thatâ€™s it! Â
I think one can kick start a business from this â€œpaper napkin business planâ€. You can comfortably make it while you chew upon your favorite sandwich in the coffee shop.
Best of luck with your venture!