Writing a business plan and proposal - Proposal Writing Format | How To Write A Proposal

Questions to Ask Before Writing a Business Proposal

I believe the business plan should be shared, discussed and amended where appropriate, through an open loop of feedback and insights. It is important to consider every worker's input to ensure that the outcome is something that's pleasant to all.

Klein shared similar ideas, stating that sharing the document with your team "will motivate you and give you the sense of accountability to stick to your plan. For more ideas on specific points to include in your business plan, check out this Business News Daily article.

Do be clear and concise — don't go overboard. You don't need to have an over-the-top, elaborate document with fancy formatting or flashy decor.

However, what's written should be specific enough to cover all areas of concern.

Start your plan, said Cohen, by using an outline called SWOT, which stands for strengths, weaknesses, opportunities and threats. First, create an executive summary, in which you describe in what field you wish to succeed, and how and why you intend on doing so.

Then, list your company's strengths and weaknesses as well as opportunities for growth, and detail the threats to it that might hinder the achievement of those goals. Klein stated that the document doesn't need pages and pages of text; rather, it can include images, infographics and specifics "so that it can be used as a point of reference at any point in time to ensure that the business is on the right path and is meeting its goals.

Your plan is there for a reason.

Don't be afraid to refer to it as much as possible — think of it as checking the map when you've made a wrong turn. We created them from scratch to work on all versions of iWork by ensuring that the styles were correctly formatted, and display correctly on the print, web, and mobile devices.

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